Give any four features of socialism
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Main Features of Socialist Economy:
The main features of socialisteconomy are as follows:
(i) Collective Ownership:
In socialism, all means of production are owned by the community, i.e. Government, and no individual can hold private property beyond certain limit.
The main features of socialisteconomy are as follows:
(i) Collective Ownership:
In socialism, all means of production are owned by the community, i.e. Government, and no individual can hold private property beyond certain limit.
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