Function: noun
Date: 1879
: an economic system with limited socialist characteristics that is effected by gradual state action and typically includes public ownership of major industries and remedial measures to benefit the working class
Function: noun
Date: 1879
: an economic system with limited socialist characteristics that is effected by gradual state action and typically includes public ownership of major industries and remedial measures to benefit the working class
Merriam Webster Collegiate English Dictionary. Merriam Webster - Энциклопедический словарь английского языка. 2012