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A socialist system of governance has multiple characteristics. These include high taxation regimes to redistribute capitol, welfare states themselves, communal property and state owned enterprises.
Wiki User
∙ 9y ago
Wiki User
∙ 9y agoSocialism is a social and economic system characterized by social ownership of the means of production and co-operative management of the economy. It also involves a movement that aims at the establishment of such a system.
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Is south Korea developed under a socialist system?
False
What advantages might a socialist system have in responding to the needs of the poor?
The socialist system is based on the notion of equality for everyone, everyone has a job and everyone has a place to live. Everyone has to forfeit their class rights in a socialist system. A socialist system has universal health care and dental care, childcare, as well as similar access to resources such as food and water. Ideally, the socialist system could cater to the needs of the poor because it provides equal access to all folks, regardless of income. Although advantageous to the poor, the socialist system can mean heavy taxation on all citizens. There could be corruption as well as unequal access to resources which means that the people who tow the party line usually have more access to better goods. The socialist system means highly unusual labor quotas, food ration cards, long lines at the store, or below superior quality goods available.
Was Gene Kelly a communist socialist?
I know that his wife who played the role of the girlfriend of Marty in the movie Marty was a professed communist although she never joined.
Does a panther have the skeletal system muscular system circulatory system exretory system nervous system digestive system resperatory system reproductive system?
Yes. It also has an immune system, an endocrine system, and an integumentary system.
Can you organ system?
There are eleven organ systems, which work together to help organisms meet their basic needs and survive: Circulatory system Reproductive system Endocrine system Lymphatic system Skeletal system Muscular system Nervous system Urinary system Respiratory system Digestive system integumentary system
Which of the following is another term for a planned economy?
Socialist system
The economic system developed by Marx was?
Socialist
What is a term for a planned economy?
socialist system
What is a system which has a socialist economic system and a totalitarian form of government?
Father
What system has a socialist economic system and a totalitarian form of government?
Capitalism
What is the economic system which has a socialist economic system and a totalitarian form of government?
CommunismNovaNet
Do Consumers have more choice in a socialist system over a capitalist system?
truee
Is france's economy more capitalist or socialist?
Capitalist: class ownership, wages system, production for sale.
Which of these would have a controlled economic system?
a socialist country
What kind of economic system does a socialist country have?
Planned
Which kind of economic system does a socialist country have?
Planned
Do you have a free market system in the US?
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.
