Table of Contents
What are the three features of socialism?
The main features of socialist economy are as follows: i) Collective Ownership. ii) Economic, Social and Political Equality. iii) Economic Planning.
What are the factors of socialism?
Some of the principles of socialism include:
- Public Ownership. This is the core tenet of socialism.
- Economic Planning. Unlike in a capitalist economy, a socialist economy is not driven by the laws of supply and demand.
- Egalitarian Society.
- Provision of Basic Needs.
- No Competition.
- Price Control.
- Social Welfare.
- Social Justice.
What is the best grade of stainless steel?
Austenitics are the most specified stainless steel grades thanks to their excellent formability and corrosion resistance. Grade 304 SS is the most well-known and commonly used austenitic stainless steel.
Is 316 stainless steel heat resistant?
316 stainless steel is an austenitic chromium-nickel stainless and heat-resisting steel with remarkable resistance to corrosion in comparison to other steels when exposed to the outdoor elements like sea water. As 316 contains molybdenum, it has a higher resistance to chemical attack than type 304.
What is the difference between SS316 and 321 stainless steel?
SS316 is usually used for nuclear fuel recovery devices. Grade 18/10 stainless steel is also usually in this application level. 321 stainless steel. In addition to the risk of the corrosion of the weld joint is reduced because of adding the titanium element, the other performance is similar to 304 stainless steel.
What is stainless steel made of?
The term stainless steel refers to any of several iron-based alloys that include the element chromium as at least 10.5% of their composition. Although all stainless steel is defined by its crystalline structure, the metal comes in more than 100 grades.