Written May 9, 2025 11:11 PM - May 10, 2025 10:24 AMAttempt 1 of 1 Question 1 Exercise Exercise Respond to the following based on your reading. Communist movements spread throughout Europe after the Bolshevik Revolution in Russia. The leaders of the new Soviet Union made known that one of their goals was to spread Communism throughout the world. Communism is an economic system in which the government owns most businesses and property and shares the wealth created by that property equally among the people. (Of course, the sharing part never quite happened the way it was supposed to.) Socialism is the belief that government should be active in a role as regulator of the economy and should provide services (health care and education, for example) with tax money. A small socialist movement rose in the United States during the late 1800s and early 1900s, but soon ran afoul of the Red Scare that swept the nation in the 1920s. Socialists, as a political movement, represent only a small percentage of Americans today. Answer the following questions: Why do you think socialism never found widespread support in the United States? What good might come from more government programs and regulations? What negative aspects can result from more government involvement in the economy? 1 The United States is famous for being a capitalist country. The socialism is good combined with the communism as t was in the USSR. While some countries like Sweden try to implement socialism into the capitalist system, I do not think it would work in the US because the corporations won't be able to make money in the medical field, for example. Because the 'socialist package" usually entails free medicine. 2 Again, the cost of the medical care. Right now it is outrageous. Free Education would make a great deal of opportunities for the youth. 3 As in the USSR, people would be paid the same salaries no matter what the profession is. The Government-controlled economy creates no competition and no variety. It stagnates the economy in the long run. The correct answer is not displayed for Written Response type questions. Hide question 1 feedback Feedback Possible Answers: Fear of communism, the American tradition of self-reliance, political opposition from the wealth/business interests. Taking care of poor/vulnerable people, reign in abuses of big business and private wealth. High tax burdens if programs become too generous, a risk that people would lose incentive to work hard.