Hi, I think (I hope I'm not wrong) this definition for my type of nation is quite incorrect.
In social democracy entrepreneurs own the industries just like they would in a standard capitalist economy. In socialism the workers own them instead which is very different.
Well, if you see the description of nations like mine you will see: "is driven entirely by a combination of government and state-owned industry, with private enterprise illegal,"
social democrats embraced a mixed economy based on the predominance of private property, with only a minority of essential utilities and public services under public ownership.
I don't think I deciced in an issue to make private enterprise legal, but also if I did this the description is always incorrect.