Economy, asked by hedjao, 11 months ago

what is socialism??? ​

Answers

Answered by HEARTQUEENN
2

Hey mate,

Socialism means production to satisfy human needs, not as under capitalism, for sale and profit. Socialism means direct control and management of the industries and social services by the workers through a democratic government based on their nationwide economic organization.

Hope it helps you ❤️

# heartqueen

Answered by praseethanerthethil
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 and democratic control or workers' self-management of enterprises. It includes the political theories and movements associated with such systems.

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