Economy, asked by meenakshikanwar792, 1 month ago

discuss the silent feature of socialism ( socialistic economy)​

Answers

Answered by mishranandini55
1

Answer:

A socialist economy is characterised by public ownership of the means of production and distribution. There is collective ownership whereby all mines, farms, factories, financial institutions, distributing agencies (internal and external trade, shops, stores, etc.), means of transport and communications, etc.

Explanation:

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Answered by Mbappe007
1

Answer:

A socialist economy is characterised by public ownership of the means of production and distribution. There is collective ownership whereby all mines, farms, factories, financial institutions, distributing agencies (internal and external trade, shops, stores, etc.), means of transport and communications, etc.

Explanation:

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