feasible economic and political system, economics homework help

Complete a 5 page response for the following topic. Do use scholarly books and articles as well as documents for supportive data.

1. What is Socialism? Has it proved itself a feasible economic and political system in both the past and present? Argue and explain. Are present day Social Democratic countries success stories regarding a commendable quality of life as well as strong economic input and output? Explain and give examples.

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