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Socialism is a set of economic policies and has no input on the questions of political organization. Socialism can be practiced in democracies, republics, monarchies, military juntas, absolute dictatorships, theocracies, and any other regime type.
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What is the relationship between democracy and socialism?
You can have a socialist democracy. A democracy makes decisions based on instructions from voters and socialism intends to take the production of industry and hand it out to people with equality in mind.
What is an economic system in which government makes all economic decisions about how goods and services and produced and distributed is called?
Socialism.
Explain how socialism was a reaction to industrial capitalism Need it asap?
There was political corruption and capitalism where the official decisions were corrupt.
Why Decisions are made?
Decisions are made to plan for your future.
How were decisions made in Sparta?
They decisions were made by kings .
Different conditions under which decisions are made?
the conditions that decisions are made
What group of people made the decisions in the iroquis league?
The council made all the decisions
How were the decisions made by the constitutional convention?
Decisions were made by a majority vote in a state.
What decisions about production must be made to allocate resources effectively?
Information is the basic resource from which decisions are made.
Who made decisions for the lords in medieval times?
Just like anyone in charge they made their own decisions.
How are laws and decisions made in the dictatorship?
Laws and decisions are made in a Dictatorship by a centralized individual. This is also known as the dictator.
Which defines the ideas of Karl Marx socialism or capitalism?
Marx made a detailed analysis and critique of capitalism, and advocated its replacement by a classless Socialist society.
