market socialism-Market socialism is a type of economic system involving the public, cooperative or social ownership of the means of production in the framework of a market economy.
Market socialism differs from non-market socialism in that the market mechanism is utilized for the allocation of capital goods and the means of production as opposed to government control. In simple terms, this means that all (or nearly all) firms in a market socialist country would be owned and managed collectively by their own employees
Market socialism differs from non-market socialism in that the market mechanism is utilized for the allocation of capital goods and the means of production as opposed to government control. In simple terms, this means that all (or nearly all) firms in a market socialist country would be owned and managed collectively by their own employees
Socialism--Socialism is an economic and political system where the community or state owns the general means of production (i. e. farms, factories, tools, and raw materials.) ... Socialists believe that everything in society is made by the cooperative efforts of the people and citizens. (this is the dollar tree definition its way more complex)