Answered

Sociologists and economists alike predict that capitalism and socialism will one day merge to become a hybrid economic system and that this is already starting to happen.

True
False



Answer :

GinnyAnswer

Final answer:

Capitalism and socialism are major economic systems that are increasingly merging into a hybrid system in many countries.


Explanation:

Capitalism and socialism are the two major economic systems in modern societies, with most nations having a mix of both but leaning towards one end of the continuum. Social democracies blend elements of capitalism and socialism. There is a trend towards the merging of capitalism and socialism to form a hybrid economic system, as seen in various countries moving towards a more mixed approach.


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