Question

Which best defines socialism​

Answer 1

Answer: Cuba or North Korea

Step-by-step explanation:

Cuba is a prominent example of a socialist nation. The government controls the economy, all levels of education, the national health education, housing, subsidized food programs, utilities, and even entertainment. The country does not have a stock exchange, which is a major indicator that the country is not capitalistic. 80% of the workforce in Cuba works in state facilities.

North Korea is another country that is majorly socialist. Its economy and several social programs are ran by the state. Just like Cuba, North Korea does not have a stock exchange.

Answer 2

Answer: so socialism is a system that shares economic output equally throughout the population.

It values the collective well-being of the community, rather than individuals.

The government distributes resources, giving it greater control over its citizens.

There are eight different kinds of socialism, each with their own priorities and economic styles.

controlling the people is the best way to put it.

Step-by-step explanation: