Question

Define socialism ..........?

Answer 1

socialism :-- It is an economic theory, system or movement, where the production and distribution of goods is done, owned and shared by the citizens of a society.

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Answer 2

Answer:

Socialism is a system of society or group living their in which there is no private property . It means where is there is only talk about economic purpose like distribution of good ,capital and production which are owned and controlled by a state government.