socialist economy - Meaning in Hindi
socialist economy - Meaning in Hindi
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Definitions and Meaning of socialist economy in English
socialist economy noun
- an economic system based on state ownership of capital
Synonyms
socialism
समाजवाद, सोशलिज्म
Description
Socialist economics comprises the economic theories, practices and norms of hypothetical and existing socialist economic systems. A socialist economic system is characterized by social ownership and operation of the means of production that may take the form of autonomous cooperatives or direct public ownership wherein production is carried out directly for use rather than for profit. Socialist systems that utilize markets for allocating capital goods and factors of production among economic units are designated market socialism. When planning is utilized, the economic system is designated as a socialist planned economy. Non-market forms of socialism usually include a system of accounting based on calculation-in-kind to value resources and goods.
Also see "Socialist economics" on WikipediaAlso See
Sentences with the word socialist
Words that rhyme with socialist
What is socialist economy meaning in Hindi?
The word or phrase socialist economy refers to an economic system based on state ownership of capital. See socialist economy meaning in Hindi, socialist economy definition, translation and meaning of socialist economy in Hindi. Find socialist economy similar words, socialist economy synonyms. Learn and practice the pronunciation of socialist economy. Find the answer of what is the meaning of socialist economy in Hindi. देखें socialist economy का हिन्दी मतलब, socialist economy का मीनिंग, socialist economy का हिन्दी अर्थ, socialist economy का हिन्दी अनुवाद।
Tags for the entry "socialist economy"
What is socialist economy meaning in Hindi, socialist economy translation in Hindi, socialist economy definition, pronunciations and examples of socialist economy in Hindi. socialist economy का हिन्दी मीनिंग, socialist economy का हिन्दी अर्थ, socialist economy का हिन्दी अनुवाद
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