Abstract

Planning and material incentive are two most important factors in the development of the socialist economy. For the first time in the entire history of the development of the productive forces of society, social ownership of the means of production, constituting the basis of socialist relationships in production, eliminates the antagonism between the interests of the individual enterprise and those of society. The socialist mode of production unifies hundreds of thousands of enterprises into a structured system, operating and directed in accordance with a single national economic plan that has been discussed by the people as a whole and has the force of law.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.