What is the extreme opposite of socialism?
What is the extreme opposite of socialism? Opposite of an economic system in which the means of production and distribution are owned and controlled by the people collectively. individualism. capitalism. commercialism. democracy. Which countries use socialism? Marxist–Leninist statesCountrySincePartyPeople's Republic of China1 October 1949Communist Party of ChinaRepublic of Cuba1 January 1959Communist Party of CubaLao People's Democratic Republic2 December 1975Lao People's Revolutionary PartySocialist Republic of Vietnam21 July 1954Communist Party of Vietnam Which is the best dictionary definition of socialism? 1 : any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution...