Questions what is the main features of the socialist economy?

What is private ownership?

Key words: market, economy, government.

A market economy is an economy in which prices are freely set based on supply and demand. Unlike a command economy, a market. Under market socialism, many key industries are actually owned and operated by the government rather than private industry, but the government allows the prices of goods and services to fluctuate based on the market, rather than using their monopoly to set the prices as they choose. In a market economy, consumer choices and needs determine which goods are produced and how they are priced. ... The government does not regulate any sales or ownership in any way, shape, or form, and the market is regulated only to the extent that individuals choose to limit their own actions.

A market economy is an economy in which prices are freely set based on supply and demand. Unlike a command economy, a market. Under market socialism, many key industries are actually owned and operated by the government rather than private industry, but the government allows the prices of goods and services to fluctuate based on the market, rather than using their monopoly to set the prices as they choose. In a market economy, consumer choices and needs determine which goods are produced and how they are priced. The government does not regulate any sales or ownership in any way, shape, or form, and the market is regulated only to the extent that individuals choose to limit their own actions.

93.