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Alexeev081 [22]
2 years ago
9

Socialism during the Cold War

History
1 answer:
jarptica [38.1K]2 years ago
3 0

Answer:  The former Soviet Union is an example of a socialist system. They transitioned from a capitalistic to a socialistic government until 1991. Cuba is an example of a socialist nation. Its economy is state-run, and it lacks a stock exchange. In a capitalist state, the economy is largely free from state control, while the government is democratically elected and freedom of speech is cherished. In contrast, a communist state is administered from the centre, with control of the economy and society strictly in the hands of the Communist Party-led government.

Explanation:

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