ABSTRACT
Contemporary socioeconomic systems represent a broad spectrum of possible combinations of certain types of ownership and economic planning methods. However, socioeconomic systems with private or mixed types of ownership also frequently intervene in the economic process, often on the basis of long-term plans. The ideological orientation of modernizing elites in various socioeconomic systems also determines the definition of goals and the meaning of change. However, although there is a greater possibility for socioeconomic systems to display their differences in approach and methods in the area of institutionalization or individual modernization, the transformation they can bring about has to be achieved in an indirect way. The nature of the socioeconomic system plays a far more important role in determining the quality of the subjective perception of modernization. Characteristic of the subjective experience of modernization in initiatory systems is a heightened awareness of the ongoing change.
