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Socialism is an economic system in which goods and services are provided through a central system of cooperative and/or government ownership rather than through competition and a free market system. Refer to link below
Wiki User
∙ 11y ago
Wiki User
∙ 13y agoA socialist is a person who is and supports socialism. Socialism is a political theory advocating state ownership of industry.
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What term describes the system in which the public owns the means of production?
socialism
Which term fits the description of the production and distribution of goods can be planned by the government to assure fairness for all of the people?
Socialism
What countries have all communism capitalism and socialism?
Which countries that are under communism , socialism and capitalism
Under Socialism who controls production?
Under socialism, society controls the means of production.
What types of economic systems exist throughout the world today?
capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy
What term describes the system in which the public owns the means of production?
socialism
When was the term socialism first used?
1954
Which term describes the system in which The public owns of production?
socialism
What is meaning of socialization?
To render social., To subject to, or regulate by, socialism.
What is definition of market socialism?
market socialism is a term used to denote two different economic system based in socialism which operate according tomarket priniciples.
How did the Nazi Party get its name?
It's an abbreviation of the German words for "National Socialism". The term "National Socialism", like "Peoples' Republic", is derided as having nothing to do with either word.
What is Sarah Palin against?
She is against : Late term abortions Socialism Amnesty for illegal aliens
African socialism existed before European socialism?
The African socialist movement came into existence after European socialist movements. Socialism originated in Europe during the 19th century, but only became influential in Africa after the second world war during the period of decolonization. African socialism was less about socialism, meaning an alternative to capitalism, and was more about anti-colonialism, anti-imperialism and national development.
Who profits from socialism?
‘Profits’ is the wrong term. The vast majority of people would benefit from a Socialist world, with no rulers or classes or poverty or war.
What term is similar to socialisam?
socialism is a government term referring to ideas or theories that support government ownership of ways of producing and distributing of of goods or merchandise
What is a market socialism?
Market socialism is a term used to denote two different economic system(s) based in socialism which operate according to market principles. The first term relates to an economy directed and guided by socialist planners on either a local or state level, while the second refers to a system of free exchange with socialist organizations being predominant.[1] .::ChiinKz::.
What is the Medical term meaning deafness?
Anacusis is the medical term meaning complete deafness.
