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socialist economy vs communism

communism vs socialist economy

socialist economy and communism both are nouns.

Word NounAdjectiveVerbAdverb
socialist economy Yes No No No
communism Yes No No No
As nouns, communism is a hyponym of socialist economy; that is, communism is a word with a more specific, narrower meaning than socialist economy:
  • socialist economy: an economic system based on state ownership of capital
  • communism: a form of socialism that abolishes private ownership
Other hyponyms of socialist economy include International, national socialism, Naziism, Nazism.
socialist economy (noun) communism (noun)
an economic system based on state ownership of capital a political theory favoring collectivism in a classless society
a form of socialism that abolishes private ownership
Difference between socialist economy and communism

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