History, asked by anjud949726, 8 months ago

give two characteristics of a socialist​

Answers

Answered by Anonymous
1

Answer:

In a socialist economy, the means of production and distribution are owned, controlled and regulated by the public, either through the state or through cooperatives. The basic motive is not to use the means of production for profit, but rather for the interest of social welfare.

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Answered by popmeupuper
2

Answer:

1. The means of production are owned and regulated by the state

2.Economic and Social Quality

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