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单词 market socialism
释义

Definition of market socialism in English:

market socialism

noun
  • An economic system in which the state retains control of the economy as a whole and the ownership of some major industries, while allowing considerable scope for private enterprise and the operation of market mechanisms.

Origin

1930s; earliest use found in The American Economic Review.

Definition of market socialism in US English:

market socialism

noun
  • An economic system in which the state retains control of the economy as a whole and the ownership of some major industries, while allowing considerable scope for private enterprise and the operation of market mechanisms.

Origin

1930s; earliest use found in The American Economic Review.

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