Socialism

Economic system which is based on cooperation rather than Competition and which utilizes centralized Planning and distribution.

Related Terms: 4 Base, Competition, Planning, Ratio

Other Related Pages: Category: Economy Starting With: S

Additional Related Terms: 401(k) plan, 403(b) plan, 457 plan, Accelerated Cost Recovery System, Accredited Personal Financial Planning Specialist, Asset/equity ratio, At par, At best, At call, Automated Order Entry System