0
Greater efficiency and productivity, stability (no business cycle), distribution based on one's contribution, and freedom from unnecessary and repetitive work so that all individuals have enough time and resources for self-actualization.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What is the goal of a socialist economy?
to assure fairness for all people A+
What is the ultimate goal a socialist economy?
to assure fairness for all people A+
What is ultimate goal of a socialist economy?
to assure fairness for all people A+
What the ultimate goal of a socialist economy?
to assure fairness for all people A+
What is the ultimate goal of socialist economy?
The ultimate goal of a socialist economy is to achieve social equality by collectively owning and controlling the means of production, distribution, and exchange. This system aims to prioritize the needs of the society as a whole over individual profit, with the aim of reducing income inequality and promoting social welfare.
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.
What is the ulimate religious goal of a Buddhist?
The ultimate goal of a Buddhist is the attainment of nirvana. Nirvana is a state of consciousness where things such as greed, hatred, and the obsession of "me and mine" do not exist.
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.
