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What sort of ecomonic system did critics claim hinders economic growth?
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High School Teacher
The economic system of communism has faced such criticism. At its basis, communism is about everyone sharing equally in everyone's work. As long as one does a day's work, one receives a share of money and/or food and necessities. The theory seems reasonable, but in reality, workers have little reason to work hard because working harder does not benefit them. This leads to a stifling of creativity and production, which hinder economic growth.
Hope this helps. Good luck!
Posted by rugbykats on July 11, 2011 at 5:01 PM (Answer #1)
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