How Are Workers' Situations Different in Socialist Versus Capitalist Economies

question 14

Multiple Choice

How are workers' situations different in socialist versus capitalist economies?

• A) Workers in a socialist economy have less protection from the welfare state than those in a capitalist economy.
• B) Workers in a socialist economy are more vulnerable to elimination of jobs by technological innovation than those in a capitalist economy.
• C) Workers in a socialist economy do not enjoy the same consumption patterns as those in a capitalist economy.
• D) Workers' jobs in a socialist economy are more vulnerable to elimination resulting from the movement of transnational capital than those in a capitalist economy.

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Definitions:

Electric Shock

A sudden discharge of electricity through a part of the human body, causing various effects from mild discomfort to serious injury or even death.

Development

The process of change and growth in humans or animals, which can be physical, cognitive, or social, from infancy through adulthood.

Phobias

Intense, irrational fears of specific objects or situations that significantly impair an individual's ability to function.

Predict

To predict means to declare or indicate in advance; especially, to foretell on the basis of observation, experience, or scientific reason.