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Are socialist market economy and socialist economy same?

Updated: 7/31/2022
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Wiki User

12y ago

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yes and no...

if you want to buy stuff you go to the socialist market then otherwise i think it's the same.

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12y ago
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paulbenn

Lvl 13
1y ago

The same in the sense that neither can exist. Socialism means no. only, no wages, no prices, no market, hence no economy.

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Q: Are socialist market economy and socialist economy same?
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