Economic development of the African socialism

1 answer:

8 0

Joint public and private measures to establish the economy in Africa, including common land ownership and cooperative agriculture, should be the first steps toward socialism on the continent.

This is further explained below.

<h3>What is socialism?</h3>

Generally, A left-wing to far-left economic ideology and movement are known as socialism encompasses a number of economic systems distinguished by the predominance of social ownership over private ownership of the means of production.

In conclusion, The transition to socialism in Africa needs to start with common land ownership and cooperative agriculture, in addition to combined efforts by the state and private sector to construct the economy.

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