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The Role Of Socialism In East Germany

310 Words2 Pages
1 Socialism
Socialism is a political system which is based on the principle that all people are equal and should share equally a country's money (Cambridge Dictionary, 2017). The economy is often marked by goods and services provided through a central system of cooperative or government ownership. Competition and a free market are unusual for the socialist economic system (Business Dictionary, 2017).
2 Socialism in East Germany
When the GRD was found in 1949 the SED took over the power. In accordance with the constitution of the GRD all East German citizens were equal. The state took over the private properties and started to control all areas of life (Planet Wissen, 2016). This characteristic of socialism was also reflected in the movie “Good
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