Question

what is socialism ?????​

Answer 1

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♦ Socialism is an economic and political system where the ways of making a living (factories, offices, etc.) are owned by the workers who run them and the people who depend on them.

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Answer 2

Here is Your answer !!!

In Socialism all property rights are given to the government. eg :- CHina.

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Advantages of socialism related to economic planning include an ability to make good use of land labour and resources.

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