socialist countries

What is socialist countries?

socialist countries meaning

in general, countries in which the government owns and plans the use of the major factors of production; note – the term is sometimes used incorrectly as a synonym for Communist countries

 

 

reference: The World Factbook 2017. Washington, DC: Central Intelligence Agency, 2017. https://www.cia.gov/library/publications/the-world-factbook/index.html