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economy vs state socialism

state socialism vs economy

economy and state socialism both are nouns.

Word NounAdjectiveVerbAdverb
economy Yes No No No
state socialism Yes No No No
As nouns, state socialism is a hyponym of economy; that is, state socialism is a word with a more specific, narrower meaning than economy:
  • economy: the system of production and distribution and consumption
  • state socialism: an economic system in which the government owns most means of production but some degree of private capitalism is allowed
economy (noun) state socialism (noun)
an act of economizing; reduction in cost an economic system in which the government owns most means of production but some degree of private capitalism is allowed
frugality in the expenditure of money or resources
the efficient use of resources
the system of production and distribution and consumption
Difference between economy and state socialism

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