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Laury Homenick

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13y ago

A socialist country will usually have a command economy. Under the circumstance that the socialist nation leans more toward communism (yes, there are some differences) there will be absolutely no free enterprise. Nevertheless, some socialist nations will allow some free enterprise--as in the case of the Soviet Union--becuase they realize it works. A command economy is complete power by the government over every aspect of life, but it will always fail in time, because it goes against economic law. This is why sometimes socialists will allow some aspects of free enterprise into their system. However, in nearly all circumstances, a socialist nationi will have a command economy.

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