Question

Definition of socialism in the context of education

Answer 1

Answer:

Socialism is a political and economic philosophy that has emerged between the late eighteenth and early nineteenth century. In fact, it is a reaction to the First Industrial Revolution. Based mainly on the principle of equality, the socialist movement emerged as a way of rethinking the capitalist system that prevailed at the time. When we refer to socialism we often associate the term with Marxism, but that is not the only form of socialism that exists.