Two cause of rise of socialism
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Its economy is state run and it lacks a stock exchange. ... The country of North Korea is a socialist state, lacking a stock exchange, supporting many social programs, and the economy is state-run.
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The four factors of production are labor, entrepreneurship, capital goods, and natural resources. These factors are valued only for their usefulness to people. Socialists take into account both individual needs and greater social needs. They allocate resources using central planning, as in a command economy.
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