collective ownership; collective ownership system
Tone colorsmāmámǎmàma
Meanings
1 sense · 3 examplesnoun
collective ownership; collective ownership system (a form of socialist public ownership where means of production are owned by the laboring masses)
technicalThis is a specific economic system in socialist theory where productive resources are owned collectively by groups of workers rather than by the state (全民所有制) or private individuals. Historically prominent in Chinese agriculture and urban handicraft industries.
Jí集
tǐ体
suǒ所
yǒu有
zhì制
shì是
shè社
huì会
zhǔ主
yì义
gōng公
yǒu有
zhì制
de的
zhòng重
yào要
zǔ组
chéng成
bù部
fèn分
。
Collective ownership is an important component of socialist public ownership.
Chéng城
zhèn镇
jí集
tǐ体
suǒ所
yǒu有
zhì制
qǐ企
yè业
zài在
gǎi改
gé革
kāi开
fàng放
hòu后
dé得
dào到
le了
kuài快
sù速
fā发
zhǎn展
。
Urban collective-owned enterprises developed rapidly after the reform and opening-up.
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Yǔ与
quán全
mín民
suǒ所
yǒu有
zhì制
bù不
tóng同
,
jí集
tǐ体
suǒ所
yǒu有
zhì制
xià下
de的
shēng生
chǎn产
zī资
liào料
guī归
bù部
fèn分
láo劳
dòng动
zhě者
jí集
tǐ体
suǒ所
yǒu有
。
Unlike ownership by the whole people, under collective ownership, the means of production are owned collectively by a portion of the laborers.