Socialism



Socialism is when the government owns and operates the major businesses and c on trols other parts of the economy. Tanzania, Africa was set up as a socialist government. Most countries felt this was wrong because the economy should direct the economy to meet the basic needs of food, housing, and health care. Socialism was also a way for the over ruling country to end special privileges and bringing equality. Now we see socialism in: >
 * [[image:http://upload.wikimedia.org/wikipedia/commons/thumb/f/fa/Flag_of_the_People%27s_Republic_of_China.svg/22px-Flag_of_the_People%27s_Republic_of_China.svg.png width="22" height="15"]] China
 * [[image:http://upload.wikimedia.org/wikipedia/commons/thumb/b/bd/Flag_of_Cuba.svg/22px-Flag_of_Cuba.svg.png width="22" height="11"]] Cuba
 * [[image:http://upload.wikimedia.org/wikipedia/commons/thumb/5/56/Flag_of_Laos.svg/22px-Flag_of_Laos.svg.png width="22" height="15"]] Laos
 * [[image:http://upload.wikimedia.org/wikipedia/commons/thumb/2/21/Flag_of_Vietnam.svg/22px-Flag_of_Vietnam.svg.png width="22" height="15"]] Vietnam

Information Provided By:
 * http://en.wikipedia.org/wiki/List_of_socialist_countries
 * World Cultures Text Book Page 112 &113

Picture Provided By:
 * http://en.wikipedia.org/wiki/List_of_socialist_countries