Pay inequality in most socialist economies was smaller than in capitalist societies except in the old USSR.

Question

Quizplus · Accepted Answer

This statement is true. In most socialist economies, such as those in Scandinavian countries, pay inequality was relatively small compared to capitalist societies. However, in the old Soviet Union, the government-controlled economy led to a large pay gap between those in power and the rest of the population.

Pay Inequality in Most Socialist Economies Was Smaller Than in Capitalist