yes and no...
if you want to buy stuff you go to the socialist market then otherwise i think it's the same.
The same in the sense that neither can exist. Socialism means no. only, no wages, no prices, no market, hence no economy.
The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.
Cuba is a socialist economy.
Algeria has a mixed economy that is slightly closer to command than market
India is not a socialist republic. While the government controls a good deal of the economy, India has been moving towards a free market economy rapidly.
Vietnam has a combination of planned and socialist oriented market economy.
Cuba is still transitioning to a mixed market economy from a socialist economy. Fidel Castro was the President of Cuba from 1976 to 2008.
No, Iraq is not socialist. Iraq operates under a mixed economy system with elements of a market economy and state intervention. The government owns a number of key industries, but there is also room for private enterprise.
It is a Social Market. Kinda Kind of a socialist feel and kind of a capitalist feel.
The United States says that it runs a free market economy, but if you look at the way it takes action involving businesses, its closest to a socialist economy.
Gerhard Kumleben has written: 'Justice in industry through socialist market economy'
Till 1989 (like other communist party ruled socialist countries of Europe) Bulgaria followed Marxist-Leninist model of State owned and regulated economy and there was no free and market economy.
In a socialist society, various political systems may be combines with public control of the economy.