5 reason why socialism does not work

Explanation:

First, socialism eradicates private property and markets and thus eliminates rational calculation.

Second, socialism allows soft budgets, so there is no mechanism in place to discard inefficient production methods.

Third, abolishing private property and replacing it by the state distorts the incentives.

Four, the socialist system with its absence of private property and of free markets inhibits the economic coordination of the system of division of labor and capital.

yup! you are correct it is b.

i do believe its (d) it allowed the government to offer pioneers sixty acres of western land if they lived on it and made improvements to it.

explanation: signed into law in may 1862, the homestead act opened up settlement in the western united states, allowing any american, including freed slaves, to put in a claim for up to 160 free acres of federal land. by the end of the civil war, 15,000 homestead claims had been established, and more followed in the postwar years