Economy, asked by isyakualice, 1 month ago

importance of socialism in resource allaocation

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Answered by thumbithidil

3

Answer:

Socialist economies rely on either the government or worker cooperatives to drive production and distribution. Consumption is regulated, but it is still partially left up to individuals. The state determines how main resources are used and taxes wealth for redistributive efforts.

Answered by ananyakhatua46

0

Answer:

please mark me as brainleist

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