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An example of a socialist economy is one in which the government has control over products being produced. China is one example of a socialist economy. Some other examples are Finland, Canada, Sweden, Norway, and the Netherlands.
Wiki User
∙ 9y ago
paulbenn
There aren’t any, nor could there be. Socialism has no economy, as it has no money or prices, just production for use.
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Compare capitalist economy with socialist economy?
Socialism means a classless stateless society with no money or prices or buying and selling. hence there can be no such thing as a Socialist economy.
Is Ghana a capitalist or socialist economy?
Ghana is a capitalist economy.
Why might a socialist society have a less rigid command economy than a communist socirty?
In a socialist society, various political systems may be combines with public control of the economy.
In a socialist economy the government takes a laissez-faire approach to the economy?
False
Is free enterprise found in a capitalist economy or socialist economy?
It is found in a capitalist economy. However, do remember no nation currently has a pure capitalist or pure socialist economy. Every nation has a trace of capitalist and socialist
What are examples of economy?
An economy exists whenever there are goods and/or services to be sold or traded. If you make something with your own hands, and then sell or trade it to someone who has made something you need, this is an example of economy.
Compare capitalist economy with socialist economy?
Socialism means a classless stateless society with no money or prices or buying and selling. hence there can be no such thing as a Socialist economy.
Does Portugal have a socialist economy?
No. Portugal economy is corporativistic
What economy does Portugal have?
socialist
Is Ghana a capitalist or socialist economy?
Ghana is a capitalist economy.
Why might a socialist society have a less rigid command economy than a communist socirty?
In a socialist society, various political systems may be combines with public control of the economy.
Does France have a democratic socialist economy?
France is capitalist: class system, wage labour, production for sale at a profit.
Is France's economy capitalist?
no it is very socialist
What is a term for a planned economy?
socialist system
China's economy is best described as?
Socialist
Are socialist market economy and socialist economy same?
yes and no... if you want to buy stuff you go to the socialist market then otherwise i think it's the same.
In a socialist economy the government takes a laissez-faire approach to the economy?
False
