Explain the socialist system in brief.How were sicialist party association formed in various part of the world
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The origin of Socialist Parties dates back to the early 19th century. The rights entitled to the working class triggered the need for such parties. Most of these social parties were highly inspired by the philosophies of Karl Marx. Also, many labour unions started mushrooming to enhance the economic status of the workers.
Some countries that saw the emergence of the Socialist Parties around this time are America, Great Britain, France, Japan and Hungary to mention just a few.
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