Question

Explain the topic socialism .
Do not write useless answers.

Answer 1

Answer:

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.

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Answer 2

Answer:

Socialism is a populist economic and political system based on public ownership (also known as collective or common ownership) of the means of production. ... Socialists contend that shared ownership of resources and central planning provide a more equal distribution of goods and services and a more equitable society.

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