Define socialism. Write a short rote on the socialists of Europe
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The Communist Manifesto was written by Karl Marx and Friedrich Engels in 1848 just before the Revolutions of 1848 swept Europe, expressing what they termed scientific socialism. ... Socialist governments established the mixed economy with partial nationalisations and social welfare.
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Socialism is an economic and political system. It is an economic theory of social organization. It believes that the means of making, moving, and trading wealth should be owned or controlled by the workers. ... People who agree with this type of system are called socialists.
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