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24 May, 18:22

The prime minister of Equalia has called for the nation's legislators to enact new legislation designed to shift the country away from socialism toward a more capitalistic system. The prime minister acknowledges that some citizens will be unhappy with the radical changes. The most likely source of dissatisfaction with a move toward capitalism is

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  1. 24 May, 18:48
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    The most likely problem to arise due to a shift from socialism to capitalism is unequal distribution of wealth.

    Explanation:

    In a socialist system the businesses and properties are owned by the government. The government ensures equal distribution of income and wealth in the society.

    However, in a capitalist system the business and properties are owned by private individuals. People earn income on the basis of their contributions. The government does not interfere in the economy, it's the market forces control the economy.

    In a socialist system income redistribution takes place from rich to poor. Such things do not happen in capitalism. So people are mostly to face the problem of unequal distribution of wealth through this shift.
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