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The UK prime minister and cabinet relations

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Socialism and the economy

Socialism and the economy

What are the socialist perspectives on economic management?

The ‘political ideas’ sections of both AQA and Edexcel specifications require knowledge and understanding of the differing views and tensions within socialism concerning the economy.

Socialism is traditionally defined as being opposed to capitalism. The concept of socialism has two broad traditions:

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Previous

The UK prime minister and cabinet relations

Next

Socialism and the economy

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