Socialism in Yugoslavia was characterized by:
A) private ownership of all factories.
B) high living standards compared to the Soviet Union.
C) less equal income distributions than market capitalist economies.
D) low unemployment rates.

Question

Quizplus · Accepted Answer

Socialism in Yugoslavia had a unique brand that differed from the Soviet Union in significant ways. It was characterized by self-management, worker-owned factories, and a mixed economy with some private enterprise. Yugoslavia had higher living standards compared to the Soviet Union, but income distributions were still not entirely equal. Although unemployment was relatively low, it increased in the 1980s due to economic stagnation and debt.

Socialism in Yugoslavia Was Characterized By