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Q: Who theorized the economic system of socialism?
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Related questions

What would be the economic system for theocracy?

Socialism


Is socialism a core political ideal?

No, socialism is an economic system with specific economic models. It is not as much a political ideal as it is an economic system intended to lead to certain social outcomes.


What type of political system has collective government ownership of the economic system?

Socialism


The economic system which combines both captialism and socialism is called?

mixed system


Economic system where production operates for the public good?

Socialism


What are three main economics for economic system?

There are 3 main economics for economic system which are given below: 1.) Capitalism economic system 2.) Socialism economic system 3.) Mixed economic system .


What is the economic system that promote economic equality?

Not everyone agrees about which economic system best promotes economic equality. Those who advocate for socialism often argue that it's the fairest economic system.


What publicly controlled economy is nearest to a mixed economic system?

socialism


What is the economic system of communist countries is most closely related to what?

socialism


What type of economic system usually includes communism and socialism?

command


What are the beliefs of socialism?

Socialism is an economic system characterized by social ownership or control of the means of production and cooperative management of the economy, and a political philosophy advocating such a system.


What are examples of social capital?

capitalism: an economic system based on private ownership of capital socialism: an economic system based on stateownership of capital