state any three advantages of socialist economic system?
Answers
Answer:
1) Promotes the equitable distribution of wealth and social justice
2) It minimizes unemployment.
3) Ensures that all citizens have the means to achieve a minimum living standard. It provides comprehensive social security to all its members.
Explanation:
In theory, based on public benefits, socialism has the greatest goal of common wealth; Since the government controls almost all of society's functions, it can make better use of resources, labors and lands; Socialism reduces disparity in wealth, not only in different areas, but also in all societal ranks and classes.
Answer:
In theory, based on public benefits, socialism has the greatest goal of common wealth; Since the government controls almost all of society's functions, it can make better use of resources, labors and lands; Socialism reduces disparity in wealth, not only in different areas, but also in all societal ranks and classes.
Explanation:
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