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What sort of ecomonic system did critics claim hinders economic growth?  

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shaynaaa | Student, Grade 11 | eNotes Newbie

Posted June 6, 2011 at 10:57 AM via web

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What sort of ecomonic system did critics claim hinders economic growth?

 

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rugbykats | High School Teacher | (Level 2) Adjunct Educator

Posted July 11, 2011 at 5:01 PM (Answer #1)

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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.

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