Question

What do you mean by socialism..Who were socialist ?


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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. It includes the political theories and movements associated with such systems. ... Socialist systems are divided into non-market and market forms.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.

Explanation:

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Answer 2

Answer:

Socialism is defined as an economic system in which the means of production are owned not by private individuals but by the community in order that all may share more fairly in the wealth produced.

Explanation:

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