answersLogoWhite

0


Best Answer

The current Presidents of Venuezuela and Bolivia refer to their political programs as socialist. The Communist Party governs in China but describe their economic policy as socialist market economy or "Socialism with Chinese characteristics". Venezuela, Cuba, The People's Republic of China, and North Korea practice Socialism, or what they describe as socialism. Most nations in Europe practice either Social Democracy or Democratic Socialism.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar
More answers
User Avatar

AnswerBot

1w ago

One of the best examples of a socialist nation today is Cuba. The country has a socialist system with state control of key industries and services, along with a focus on providing social welfare programs for its citizens.

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

Socialism is not a government type, it is an economic system referring to social ownership of industries and production. China, Vietnam, N. Korea, and other Communist states are considered to have very socialistic economies in that they have public ownership of most industries.

Socialism is to be contrasted with social democracy, which means a capitalist economic system with welfare programs funded through taxes. The US and UK have extensive welfare programs.

Let's be clear: socialism as practised by Communist states is a very different system from the social democracy as practised from time to time in the UK (when the great majority of the electorate wakes up) and even (when it doesn't) by Conservative Governments who have no problem with maintaining the National Health Service and the other well-established welfare schemes. The great mistake made by so many US citizens is in equating socialism with social democracy.

This answer is:
User Avatar

User Avatar

Wiki User

10y ago

The question is incomplete. No options are given (for which of the following) to answer the question.

This answer is:
User Avatar

User Avatar

paulbenn

Lvl 13
2y ago

Socialism is a classless stateless society and will have to exist on a global basis, with no countries or borders or passports.

This answer is:
User Avatar

User Avatar

paulbenn

Lvl 13
1y ago

No nation is or could be Socialist, as it means a classless stateless world, with no rulers or borders or money.

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

North Korea is a socialist republic

This answer is:
User Avatar

User Avatar

Wiki User

14y ago

Venezuela.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Which of the following is the best example of a socialist nation today?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Political Science

The dominant political unit in the world today is the?

nation-state, which is a sovereign state with defined borders, a permanent population, and a government that has the power to make and enforce laws within its territory. Nation-states are the most common form of political organization in the world today.


What is the dominant political unit in the world today?

The dominant political unit in the world today is the nation-state. A nation-state is a political entity defined by a contiguous territory, a unified government, and a shared cultural identity among its population. These entities are recognized as independent and sovereign under international law.


Is Korea a state or a nation or both?

Korea is both a state and a nation. It is a nation in terms of shared history, culture, and ethnicity among the people of Korea. And it is a state in terms of being a geopolitical entity with its own government and boundaries.


Does the KGB still exist today?

No, the KGB was officially dissolved in 1991 following the collapse of the Soviet Union. Its successor organization is the FSB, which is responsible for internal security in Russia.


Why is reconstruction still studied today?

Reconstruction is still studied today because it was a pivotal period in American history that shaped the nation's social, political, and economic landscape. Understanding Reconstruction helps to unravel complexities in race relations, civil rights, and the evolution of democracy in the United States. By examining this era, scholars gain insights into the lasting impact of this period on modern society.

Related questions

Who is an example of French influence in the US today?

Which of the following is an example of French influence in the United States today? Answer: New Orleans


What is an example of national socialist country?

Germany under Adolf Hitler's rule from 1933 to 1945 is a well-known example of a national socialist country. The National Socialist German Workers' Party (Nazi Party) promoted a form of fascism that combined authoritarian government with extreme nationalist and racist ideologies.


What countries today are socialist?

Socialism as an economic system is not widely used anymore. The USSR was the leading socialist government till its collapse in 1991, and China has socialist elements to it's economy, but the only countries with true socialist economies in place today are Cuba and North Korea.


What contributions have the Seneca tribes made to your nation today?

what contributions have the Seneca tribes made to our nation today


What is Vietnam classified as today?

Vietnam is referred to as the Socialist Republic of Vietnam. Vietnam is still considered a Socialist country, but since the war, they've adopted many Capitalistic practices.


What is the union of soviet socialist republics know as today?

Russia primarily, and many smaller countries


What are the things that make us stand tall as a nation today?

Which nation are you referring to?


What has Kazakhstan been called in the past?

Kazakh Autonomous Soviet Socialist Republic (1925-1936) Kazakh Soviet Socialist Republic (1936-1991) Republic of Kazakhstan (1991-today)


How are today's labor unions different from the role advocated by Gompers?

thay have been taken over by the socialist.


Who is the Socialist Party leader today?

The answer depends on what country and which party of socialism and what level of leadership is being looked at.


What is the name of the nation known as today when the normans invaded England in 1066?

The nation that the Normans came from is known as France today and the nation that they invaded is now known as Britain or United Kingdom (UK).


Where is Meskwaki Nation Located?

The Meskwaki Nation today is chiefly located in Tama, Iowa.