Is an economic belief favoring public control of business and equal distribution of wealth in opposition to that is an economic system built around making a profit.
1) a) communism
b) socialism
c) capitalism

2) a) communism
b) socialism
c) capitalism

The correct answer is, first blank B) Socialism, second blank, C) Capitalism.

Socialism is an economic belief favoring public control of businesses and equal distribution of wealth in opposition to Capitalism that is an economic system built around making a profit.

In Socialist countries, the Government is the owner of the means of production. The government decides what to produce, when to produce, and the prices of the products. Workers have no bonuses or incentives for extra production. In the Capitalist system, free-market decide on supply and demand. Businesses are created to make a profit and workers can be motivated with bonuses and better wages.

in the 1800s, chinese workers migrated to the united states, first to work in the gold mines, but also to take agricultural jobs, and factory work, especially in the garment industry. chinese immigrants were particularly instrumental in building railroads in the american west, and as chinese laborers grew successful in the united states, a number of them became entrepreneurs in their own right. as the numbers of chinese laborers increased, so did the strength of anti-chinese sentiment among other workers in the american economy. this finally resulted in legislation that aimed to limit future immigration of chinese workers to the united states, and threatened to sour diplomatic relations between the united states and china.

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