Socialism is one of the four market structures found in a private enterprise system.

Name: Socialism is one of the four market structures found in a private enterprise system.
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Socialism is not a market structure; it is an economic system where the means of production are owned and managed by the community or the state. The four basic types of market structures are perfect competition, monopolistic competition, oligopoly, and monopoly.

Socialism Is One of the Four Market Structures Found in a Private