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=== Industry === | === Industry === | ||
Socialist industry is highly concentrated and technically advanced and based on public ownership. Economic concentration is planned to benefit the entire population.<ref name=":0">{{Citation|author=Economics Institute of the Academy of Sciences of the U.S.S.R|year=1954|title=Political Economy|chapter=The Material Production Basis of Socialism|page=|pdf=https://revolutionarydemocracy.org/archive/PoliticalEconomy.pdf|city=London|publisher=Lawrence & Wishart|chapter-url=https://www.marxists.org/subject/economy/authors/pe/pe-ch27.htm|mia=https://www.marxists.org/subject/economy/authors/pe/index.htm|section=}}</ref> | Socialist industry is highly concentrated and technically advanced and based on public ownership. Heavy industry is the basis of a socialist economy. Economic concentration is planned to benefit the entire population.<ref name=":0">{{Citation|author=Economics Institute of the Academy of Sciences of the U.S.S.R|year=1954|title=Political Economy|chapter=The Material Production Basis of Socialism|page=|pdf=https://revolutionarydemocracy.org/archive/PoliticalEconomy.pdf|city=London|publisher=Lawrence & Wishart|chapter-url=https://www.marxists.org/subject/economy/authors/pe/pe-ch27.htm|mia=https://www.marxists.org/subject/economy/authors/pe/index.htm|section=}}</ref> | ||
=== Agriculture === | === Agriculture === |