socialism

{
  "id": "MLC-T-AGR-005892",
  "term": "socialism",
  "field": "Agriculture and food",
  "definition": "An economic system that is regulated, directed and administered by the government rather than private enterprises and which supports the principle of equal distribution of wealth among individuals.",
  "synonyms": [
    "socialist economic systems",
    "socialist systems"
  ],
  "subject": "Economics, Trade, Law, Business, Industry",
  "see_also": [
    "economic systems",
    "centrally planned economy",
    "social justice",
    "collectivization"
  ],
  "references": [
    "NAL Agricultural Thesaurus and Glossary"
  ],
  "translations": {
    "es": "socialismo"
  },
  "url": "https://mlchart.com/terminology/agriculture/socialism/"
}