Social Sciences, asked by mehjabeen00, 5 months ago

what is socialism? define it's role...
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Answers

Answered by jayroyal1517
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 workers' self-management of enterprises. It includes the political theories and movements associated with such systems.

Answered by arnavvats2020
1

Socialism is a populist economic and political system based on public ownership (also known as collective or common ownership) of the means of production. Socialists contend that shared ownership of resources and central planning provide a more equal distribution of goods and services and a more equitable society.

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