Question

Define socialist fasttt

Answer 1

Answer:

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.

Answer 2

Answer:

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Explanation:

Socialism is a political, social, and economic philosophy encompassing a range of economic and social systems characterised by social ownership of the means of production and workers' self-management of enterprises. It includes the political theories and movements associated with such systems.