Socialist Economy by https://padlet.com/carrizalesrivera/Bookmarks Created by: Victor carrizales, Kenneth Williams, and Paris Ruffin en-us 2016-09-15 18:17:58 UTC 2016-09-22 14:50:25 UTC hello@padlet.com Exploring economic systems carrizalesrivera https://padlet.com/carrizalesrivera/Bookmarks/wish/124172396 -paris
-Victor]]> 2016-09-15 18:23:22 UTC https://padlet.com/carrizalesrivera/Bookmarks/wish/124172396 definition of socailist economy- carrizalesrivera https://padlet.com/carrizalesrivera/Bookmarks/wish/124181579 A socialist economic system is characterised by social ownership and democratic control of the means of production, which may mean autonomous cooperatives or direct public ownership; wherein production is carried out directly for use.]]> 2016-09-15 18:48:05 UTC https://padlet.com/carrizalesrivera/Bookmarks/wish/124181579 4 example of countries that use this economy - carrizalesrivera https://padlet.com/carrizalesrivera/Bookmarks/wish/124857318 -China
-Denmark
-Norway
-Sweeden

]]> 2016-09-19 18:10:18 UTC https://padlet.com/carrizalesrivera/Bookmarks/wish/124857318 what is socailist economy? carrizalesrivera https://padlet.com/carrizalesrivera/Bookmarks/wish/124860500 2016-09-19 18:18:18 UTC https://padlet.com/carrizalesrivera/Bookmarks/wish/124860500 summary why or why would you like to live in this economy- carrizalesrivera https://padlet.com/carrizalesrivera/Bookmarks/wish/124861092 well you would like to live in this economy because
In a socialistic society the government owns all of the industries which means that they completely control them as well. 
also they determine the prices and the amout of production that happens.]]> 2016-09-19 18:19:42 UTC https://padlet.com/carrizalesrivera/Bookmarks/wish/124861092 advanteges of this economy- carrizalesrivera https://padlet.com/carrizalesrivera/Bookmarks/wish/125507686 someone or something Betteror more likely to suceed than other
-The biggest advantage that comes fro socialism is that there is no more greed. No individual person can have much more than the other, and businesses are all owned by the government. Money isn’t the driving force in a socialistic society.]]> 2016-09-21 17:42:15 UTC https://padlet.com/carrizalesrivera/Bookmarks/wish/125507686 disadvanteges of this economy carrizalesrivera https://padlet.com/carrizalesrivera/Bookmarks/wish/125507958 All through out history countries have tested out the idea of socialism, and all of them have crumbled and failed miserably. This is one of the biggest problems with socialism, the fact that it has been proven not to work, no matter how many different tweaks the government tries to instill
-It costs a whole lot of money to provide everyone with the things that they need, and this money has to come from somewhere. In order to subsidize where the funding comes from, all of the money that is made by the citizens is taxed at extreme percentages in order to cover all of the costs.]]> 2016-09-21 17:42:53 UTC https://padlet.com/carrizalesrivera/Bookmarks/wish/125507958