Question

Mention any four features of Socialism.

Answer 1

Socialism is a body of ideas to restructure society on equal status.

Its four features are:

(i) Its is against ownership of private property.

(ii) Society as a whole should control property collectively.

(iii) Its stands for collective social interests rather than personal gains.

(iv) Socialism was in favor of cooperatives and that wages should be given according to work done.

Answer 2

1. Socialist was against private Property.

2. Socialism the means of production are under the control of evils.

3. socialism encourages Cooperatives.

4. socialist regarded the private Property as the root of all social evils

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