History, asked by jaideeptripathi, 11 months ago

State the features of a socialist society.

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Answered by goddgamer
1

The main features of socialist economy are as follows:

(i) Collective Ownership:

(ii) Economic, Social and Political Equality:

(iii) Economic Planning:

(iv) No Competition:

(v) Positive Role of Government:

(vi) Work and Wages According to Ability and Needs

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