There can be no such thing. Socialism is a classless stateless society based on production for use, with no. only or prices, hence no economy. And it will have to be introduced at a global level.
A planned economy is also known as a command economy, and it is designed by a central governmental authority. It is a type of socialist economy, and it currently exists in North Korea, Laos, and Cuba.
It is found in a capitalist economy. However, do remember no nation currently has a pure capitalist or pure socialist economy. Every nation has a trace of capitalist and socialist
Planned
In a socialist society, various political systems may be combines with public control of the economy.
Command Economy
A planned economy is also known as a command economy, and it is designed by a central governmental authority. It is a type of socialist economy, and it currently exists in North Korea, Laos, and Cuba.
It is found in a capitalist economy. However, do remember no nation currently has a pure capitalist or pure socialist economy. Every nation has a trace of capitalist and socialist
In a socialist society, various political systems may be combines with public control of the economy.
Planned
In a socialist society, various political systems may be combines with public control of the economy.
In a socialist society, various political systems may be combines with public control of the economy.
In a socialist society, various political systems may be combines with public control of the economy.
Command Economy
In a socialist society, various political systems may be combines with public control of the economy.
Formerly a socialist command economy, now Russian-style crony capitalism
Singapore is a parliamentary republic.its a politacal government
In a socialist society, various political systems may be combines with public control of the economy.