Question

Q 5 - Define the following terms - (a) Socialism (b) Federalism (c) Sovereignty (d) Democracy​

Answer 1

Answer:

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Explanation:

1. A socialist is someone who supports a political or economic philosophy that says society as a whole, rather than private companies, should own or control various goods and services. ... This economic philosophy (and the accompanying politics) is known as socialism.

2. Federalism is a system of government in which entities such as states or provinces share power with a national government. The United States government functions according to the principles of federalism. The U.S. political system evolved from the philosophy of federalism.

3. the quality or state of being sovereign, or of having supreme power or authority. ... supreme and independent power or authority in government as possessed or claimed by a state or community. rightful status, independence, or prerogative.

4. government by the people especially : rule of the majority. b : a government in which the supreme power is vested in the people and exercised by them directly or indirectly through a system of representation usually involving periodically held free elections.

Answer 2

Answer:

(a) Socialism :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 democratic control, such as workers' self-management of enterprises.

b:Federalism :Federalism is a mixed or compound mode of government that combines a general government (the central or "federal" government) with regional governments (provincial, state, cantonal, territorial or other sub-unit governments) in a single political system.

c:Sovereignty:Sovereignty is the supreme authority within a territory. Sovereignty entails hierarchy within the state, as well as external autonomy for states.

d:Democracy​:Democracy is a form of government in which the people have the authority to choose their governing officials or to deliberate and decide legislation via direct democracy.