Social Sciences, asked by pranav8979, 11 months ago

what are the characteristic's of socialism​

Answers

Answered by shanaya2101
1

Explanation:

It has the public ownership of all the means of production and distribution. This is also known as collective ownership whereby all means are owned, controlled and regulated by the state. In socialist economic system the basic motive of government is not profit but to get targeted objectives.

Answered by jay358
2

It has the public ownership of all the means of production and distribution. This is also known as collective ownership whereby all means are owned, controlled and regulated by the state. In socialist economic system the basic motive of government is not profit but to get targeted objectives.

hope this answer will help you

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