What is the meaning of socialist economy?

noun

  • An economic system based on state ownership of capital.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). socialist economy. Retrieved September 28, 2026, from http://smartdefine.org/socialist_economy/definitions/1311612
ChicagoWordNet. 2010. "socialist economy" http://smartdefine.org/socialist_economy/definitions/1311612 (accessed September 28, 2026).
HarvardWordNet 2010, socialist economy, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/socialist_economy/definitions/1311612>.
MLAWordNet. "socialist economy" 23 October 2010. Web. 28 September 2026. <http://smartdefine.org/socialist_economy/definitions/1311612>