what were the features of socialist in europe
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Socialist economics refers to the economic theories, practices, and norms of hypothetical and existing socialist economic systems.
A socialist economic system is characterised by social ownership and in reality most of the time government control of the means of production while in theory some form of worker participation in planningwhich may mean autonomous cooperatives or direct public ownership; wherein production is carried out directly for use. Where markets are utilized for allocating inputs and capital goods among economic units, the designation market socialism is used. When planning is utilized, the economic system is designated a planned socialist economy. Non-market forms of socialism usually include a system of accounting based on calculation-in-kind or a direct measure of labor-time as a means to value resources and goods.
A socialist economic system is characterised by social ownership and in reality most of the time government control of the means of production while in theory some form of worker participation in planningwhich may mean autonomous cooperatives or direct public ownership; wherein production is carried out directly for use. Where markets are utilized for allocating inputs and capital goods among economic units, the designation market socialism is used. When planning is utilized, the economic system is designated a planned socialist economy. Non-market forms of socialism usually include a system of accounting based on calculation-in-kind or a direct measure of labor-time as a means to value resources and goods.
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--------HERE'S UR ANSWER--------------
☆The ideas of socialism were established with the advent of liberals and radicals.
☆The factory labor not only comprised of men but now women and children were also an active participantFurther an international body, namely - the Socialist International was established by socialists to coordinate their efforts.
☆Funds were set up to elp the poor families and provide them their rights
.☆ Various democratic parties were also formed to promote socialism.
--------HERE'S UR ANSWER--------------
☆The ideas of socialism were established with the advent of liberals and radicals.
☆The factory labor not only comprised of men but now women and children were also an active participantFurther an international body, namely - the Socialist International was established by socialists to coordinate their efforts.
☆Funds were set up to elp the poor families and provide them their rights
.☆ Various democratic parties were also formed to promote socialism.
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