America cannot be able to acquire a brighter future by socialism. Having a more socialist ideology would negatively influence our country.
The means of production along with other things are owned by the state or central planning authority in a socialist economy. Hence, competition is removed. “It is due to competition that an economy becomes prosperous.” ( "What Is Socialism, Advantages and Disadvantages of Socialism." What Is Socialism, Advantages and Disadvantages of Socialism. Umar Farooq, 21 Dec. 2011. Web. 27 Oct. 2015.) With the non-existence of competition between markets, businesses, growth-oriented companies, etc., approaches to new, greater things is highly unattainable. There is no need to improve, for the nation to blossom and
The means of production along with other things are owned by the state or central planning authority in a socialist economy. Hence, competition is removed. “It is due to competition that an economy becomes prosperous.” ( "What Is Socialism, Advantages and Disadvantages of Socialism." What Is Socialism, Advantages and Disadvantages of Socialism. Umar Farooq, 21 Dec. 2011. Web. 27 Oct. 2015.) With the non-existence of competition between markets, businesses, growth-oriented companies, etc., approaches to new, greater things is highly unattainable. There is no need to improve, for the nation to blossom and