Socialist Economy

Ali Al-Zeragi

Introduction

The benefits of the Socialist Economy is:

1-Provides free basic needs.

2-Government owns production.

3-Distributes goods equally.

4-Individual businesses is allowed.

The Facts

Who is in charge of it? Social Economy is owned by the state (government) and the public.

How are people paid? Under a socialist system, everyone works for wealth that is,in turn,distributed to everyone.

How do they buy and sell things that they need? The government takes the products and divides them equally , while selling productions owned by government too,sells to other states or governments.

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What Is Socialism- Socialism Explained- Socialism Definition

Refutations

People say socialism doesn't have competition and it's a bad thing,but having no competition is very good no poor no rich all equal;all the same, so that people won't say I wish i could be like him rich.

Others say it has high taxes that is annoying,however you pay taxes so you can help others if every one is equal,even though basic needs are free,high taxes lets you help the government to help others to make them equal like them;so all can live happy.

SOCIALISM IS THE BEST!!

LOVE IT OR LEAVE IT!!