How many socialist countries in the world

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Conclusion What is socialism? Hope so! Everyone contributes and everyone gets what they need out of it, fairly and equitably. You get the gist I hope!

Who started all this communism and socialism stuff? Back already? So, they are a different and lighter variety these days. So, Russia is something else. Central Asia? List of countries who are communist, list of countries who are socialist;. North Korea? This includes nations that claim to be socialists or have constitutions that state that they are based on socialism, even if they do not follow the economic or political systems associated with socialism.

Countries that appear to follow socialism are not designated as socialist unless the nation explicitly states so, regardless of how it looks to outsiders. Most of the self-declared Socialist countries base their politics on the Marxist-Leninist model, followed by the Soviet Union.

Because of this, some of these states are erroneously thought to be Communist states. It isn't easy to accurately define a socialist country because the term has come to have many meanings and interpretations. In broad terms, socialism is a political and economic theory that advocates the community as a whole overseeing production, distribution, and exchange. The easiest way to define socialism is that it seeks to redistribute the wealth of a nation, closing the gap between the rich and the poor.

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