STATE SOCIALISM
(noun)Did you mean?
Definitions
There is 1 meaning of the phrase
State Socialism.
State Socialism - as a noun
An economic system in which the government owns most means of production but some degree of private capitalism is allowed
Example Sentences
"Many Eastern European countries adopted state socialism during the Soviet era."
"The government's implementation of state socialism led to a decline in individual freedoms."
"Critics argue that state socialism hinders economic innovation and efficiency."
"China's economic system is often described as state socialism with Chinese characteristics."
"The collapse of state socialism in Eastern Europe led to a period of transition and economic turmoil."
