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Short and simple definition on SOCIALISM!
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Answered by
7
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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Answered by
1
Answer:
socialism means the country or a place where people have equal right in thier societies ..and their opinions have value.
eg-india is a socialist country
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