WEBAug 31, 2021 · noun socialism. a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole. policy or practice based on the political and economic theory of socialism.
WEBThe meaning of SOCIALISM is any of various egalitarian economic and political theories or movements advocating collective or governmental ownership and administration of the means of production and distribution of goods. How to use socialism in a sentence. Communism, Socialism, Capitalism, and Democracy Socialism …
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What Is Socialism? Definition and Examples - ThoughtCo
WEBAug 26, 2021 · Spencer Platt / Getty Images. By. Robert Longley. Updated on August 26, 2021. Socialism is an economic, social, and political theory advocating collective or governmental control and administration of a country’s means of economic production.
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Socialism - Simple English Wikipedia, the free encyclopedia
WEBSocialism is an economic system in which major industries are owned by the workers, rather than by private businesses or the state. It is horrifically different from capitalism, where private actors, like business owners and shareholders, can …
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socialism - Kids | Britannica Kids | Homework Help
WEBSocialism is a way to organize a society. It deals mostly with the economy, or the part of a society that creates wealth. The goal of socialism is to spread wealth more evenly and to treat all people fairly. People have had different ideas about how to create a …
WEB5 days ago · Socialism is a social and economic doctrine that calls for public rather than private ownership or control of property and natural resources. According to the socialist view, individuals do not live or work in isolation …
WEBSocialism is an economic and political philosophy encompassing diverse economic and social systems characterised by social ownership of the means of production, as opposed to private ownership. It describes the economic, political, and social theories and movements associated with the implementation of such systems.
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Socialism - Definition, Origins & Countries - HISTORY
WEBOct 10, 2019 · Socialism describes any political or economic theory that says the community, rather than individuals, should own and manage property and natural resources....
WEBSocialism is, broadly speaking, a political and economic system in which property and the means of production are owned in common, typically controlled by the state or government. Socialism is based on the idea that common or public ownership of resources and means of production leads to a more equal society.
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socialism - Students | Britannica Kids | Homework Help
WEBSocialism is a political and economic system in which most forms of economically valuable property and resources are owned or controlled by the public or the state. The term socialism also refers to any political or philosophical doctrine that advocates such a …