Explain the view of socialism on private property which international body was set up by socialist to spread and coordinate their efforts
Answers
Answer: A political or economical theory of social organisation which advocates that means of production , destribution and exchange should be regulated by a community as a whole is called socialism.
Explanation: Socialists were against private property and felt it to be root cause of all social evils. They felt that though property provide employment it gave personal gains to proper owners, not only to the one who contributed to make the property productive. Socialists wanted landowners to pay collective interest, rather than their own personal interest.
Answer:
1. They were against private property.
2. Saw it as a root of all social ills.
3. Individuals who owned the property were concerned about personal gain only.
4. Those who make property productive were ignored by the owners of the property.
Explanation: