what deos a socialist party mean I am in grade six
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-----Socialist Party is the name of many different political parties around the world. ... Statistically, most of these parties advocate either democratic socialism, social democracy or even Third Way as their ideological position. Many Socialist Parties have explicit connections to the labor movement and trade unions. -------
- EXAMPLE
------- The former Soviet Union is an example of a socialist system. Cuba is an example of a socialist nation. 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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