How is socialism similar to capitalism?

a) government control of business

b) high taxes for public services

c) private property banned

d) existence of social classes

The correct answer is D) the existence of social classes.

Socialism is similar to capitalism in the existence of social classes.

Capitalist economies are based on private property and the free market. In Capitalism, the government does messes up with the economy, which means that it does not exert strong regulation. The free market regulates the economy through supply and demand. People can have private property and increase their wealth. In Socialist countries are the opposite, there is strong central government control in the economy and most of the industry is owned by the government that dictates what to produce, when, how, and the prices of products. In both systems, there are social classes.

jim crow law, in u.s. history, any of the laws in which racial was enforced, in the south between the finish of reconstruction in 1877 and the start of the social liberties development during the 1950s.

jim crow was the name of a minstrel routine( jump jim crow) performed starting in 1828 by its creator, thomas dartmouth ("daddy") rice, and by numerous imitators, including on-screen character joseph jefferson.

the term came to be a defamatory sobriquet for african americans and an assignment for their segregated life. the segregation rule was stretched out to parks, graveyards, theaters, and eateries with an end goal to keep any contact among blacks and whites as equivalents.

it was classified on neighborhood and state levels and most broadly with the "separate yet equivalent" choice of the u.s. preeminent court in plessy v. ferguson (1896).

the correct answer is “opportunity cost”. opportunity cost is what a company misses out because it decided in one option over another one. in this case, the company decided to invest in building a factory so it gave up another possible benefit or profit in order to achieve success with the factory.  

trade-off is not the correct answer since it is a situation in which you accept losing something in return for benefits in other areas.

and finally, consequence is a general term used to accept what it comes when you make a decision. it can be a positive or negative consequence depending if the decision you took was the correct one.