Question

Match each economic system with its main effect on citizen wealth and freedom. (1 point)
Put responses in the correct response input area to answer the question. Select a response, navigate to the desired input area and insert the response. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can also be moved by dragging with a mouse.
Socialism
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Capitalism
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Communism

Answer 1

Here are the matched economic systems with their main effects on citizen wealth and freedom:

- **Socialism**: Typically aims for wealth redistribution and more equal wealth distribution, which can lead to reduced individual wealth but increased access to basic needs and social services. It may limit individual freedom in economic choices due to government control.

- **Capitalism**: Generally promotes individual wealth accumulation and economic freedom, allowing for innovation and personal enterprise. However, it can lead to significant wealth inequality.

- **Communism**: Seeks to eliminate private property and class distinctions, which can lead to equality in wealth but often results in a lack of personal freedom and autonomy as the government controls all aspects of economic life.

Here’s how you can fill it out:

- **Socialism**: Reduced individual wealth but increased access to services; limited economic freedom.
- **Capitalism**: Promotes individual wealth and economic freedom; can lead to inequality.
- **Communism**: Eliminates private property; leads to wealth equality but limits personal freedom.