which two forms of government has the state owning at least some of the businesses and land of the country?

1 answer

The two forms of government where the state owns at least some of the businesses and land of the country are:

1. Socialism: In a socialist system, the means of production, including businesses and land, are owned and controlled by the state or the community as a whole. The central objective is to ensure social and economic equality, reduce inequality, and promote collective welfare. Examples of countries with socialist characteristics include Cuba and Venezuela.

2. Communism: In a communist system, the state owns and controls all means of production, including businesses and land, aiming for a classless society where resources are distributed based on need. Communism directly follows socialism, where the state is expected to wither away, and communal ownership becomes the norm. Historically, countries like the Soviet Union, China under Mao Zedong, and North Korea have followed communist principles.