answersLogoWhite

0

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.

User Avatar

Wiki User

9y ago

What else can I help you with?

Related Questions

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.


How were decisions made in Sparta?

They decisions were made by kings .


Why Decisions are made?

Decisions are made to plan for your future.


What is the price of socialism according to Charles shuman?

Charles Shuman argued that the price of socialism is the loss of individual freedom and initiative. He believed that socialism leads to increased government control over personal and economic decisions, which can stifle creativity and productivity. Shuman emphasized that while socialism may aim to promote equality, it often results in inefficiencies and a lack of motivation among individuals. Ultimately, he viewed socialism as detrimental to the principles of liberty and personal responsibility.


Different conditions under which decisions are made?

the conditions that decisions are made


Can you explain the difference between decisions made from the heart vs. decisions made from the soul"?

Decisions made from the heart are based on emotions and personal feelings, while decisions made from the soul are guided by deeper values, beliefs, and intuition.


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.


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.


Was communism or socialism first?

It was from Socialism that Communism was born.