History, asked by azhakath, 1 year ago

what is socialism ? what are feature mention any four point

Answers

Answered by honeysingh96
1
Socialism is a range of economic and social systems characterised by social ownership and workers' self-management of the means of production as well as the political theories and movements associated with them. 

features of socialism :

(i) Collective Ownership:

(ii) Economic, Social and Political Equality:

(iii) Economic Planning:

(iv) No Competition:

(v) Positive Role of Government:

(vi) Work and Wages According to Ability and Needs:
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