0
Socialism (a classless stateless society based on production for use) will have to exist at a global level, so there cannot be a Socialist country. And there will be no ones or wages or prices, hence no economic system.
paulbenn
Wiki User
∙ 6y agoplanned
Add your answer:
Earn +20 pts
Which of these would have a controlled economic system?
a socialist country
What kind of economic system does a socialist country have?
Planned
Is Philippines a socialist country?
Yes! they are capitalist country though, but socialist in hiding!
What is meant by economic system?
economic system means the economic atmosphere of the country.It means which type of system a country have whether it have socialist economy,capitalistic economy or mixed economy.
What is the economic system which has a socialist economic system and a totalitarian form of government?
CommunismNovaNet
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
Is Philippines a socialist country?
Yes! they are capitalist country though, but socialist in hiding!
What is meant by economic system?
economic system means the economic atmosphere of the country.It means which type of system a country have whether it have socialist economy,capitalistic economy or mixed economy.
What is the economic system which has a socialist economic system and a totalitarian form of government?
CommunismNovaNet
How does the monarchy style in each country affect its economic system?
Having a monarchy has no effect on the economic system of that country. Monarchies have presided over traditional economic states, mercantilist states, capitalist states, welfare-socialist states, etc.
The economic system developed by Marx was?
Socialist
What system has a socialist economic system and a totalitarian form of government?
Capitalism
What is a system which has a socialist economic system and a totalitarian form of government?
Father
What was the modified capitalist system Lenin used to avoid economic disaster?
Lenin called it the "New Economic Policy." It was more of a modification of the socialist system, which Lenin had imposed on the country than a modification of the former capitalist system.
Critics claim that this type of economic system hinders economic growth?
socialist. -Rae
