介绍社会主义制度的英语作文

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介绍社会主义制度的英语作文

There are a number of benefits of socialism, and one of them is the obtaining of a greater economic efficiency.Economic efficiency under socialism is greater than undercapitalism. The means of production are controlled and regulated by the centralplanning authority towards chosen ends. The central planning authority makes anexhaustive survey of resources and utilises them in the most efficient manner. Increased productivity is secured by avoiding the wastes ofcompetition and by undertaking expensive research and production processes in

acoordinated manner. Economic efficiency is also achieved by utilising resourcesin producing socially useful goods and services which satisfy the basic wantsof the people, like cheap food, cloth, and housing. Secondly, there are greater welfare due to less inequality of income. In a socialist economy there is less inequality of income ascompared with a capitalist economy because of the absence of private ownershipof the means of production, private capital accumulation, and private profit.All citizens work for the welfare of the state and each is paid

hisremuneration according to his ability, education and training. All rents,interests and profits from various sources go to the state which spends themfor public welfare in providing free education, cheap and congenial housing,free public health amenities, and social security to the people.Another advantage of socialism is that it is free frommonopolistic






practices to be found in a capitalist society. Since undersocialism all means of production are owned by the state, both competition andmonopoly are eliminated. The exploitation by the monopolistic is absent.Instead of private monopoly, there is the state monopoly of the productivesystem but this is operated for the welfare of the people. In the state-ownedfactories, socially useful commodities are produced which are of high qualityand are also reasonably priced. Morever, the absence of business fluctuations can be gained from socialism. A socialist economy is free from business fluctuations.There is economic stability because production and consumption of goods andservices are regulated by the central planning authority in accordance with theobjectives, targets and priorities of the plan. Thus there is neitheroverproduction nor unemployment.

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