CLASS 9 HISTORY CH 2 1.What do you understand by the term , 'Socialism'?(1) 2. What were the ideas of Robert Owen & Louis Blanc regarding creation of cooperatives? (3) My work None
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1) the political idea that is based on the belief that all people are equal and that money and property should be equally divided
2) Robert Owen - a leading English manufacturer sought to build a cooperation community called new harmony
Louis blanc - he wanted the government to encourage cooperatives and replace capitalist enterprises . He believed that cooperatives of the people and its profit should be divided according to the work done by members
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