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andrey2020 [161]
3 years ago
9

How does socialism work?

History
2 answers:
givi [52]3 years ago
6 0

Answer:

A socialist economy is a system of production where goods and services are produced directly for use, in contrast to a capitalist economic system, where goods and services are produced to generate profit.

VMariaS [17]3 years ago
4 0
A socialist economy is a system of production where goods and services are produced directly for use, in contrast to a capitalist economic system, where goods and services are produced to generate profit (and therefore indirectly for use). "Production under socialism would be directly and solely for use.
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