what is socialism ,what was basic idea of socialism
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Answer:
the political idea that is based on the belief that all people are equal and that money and property should be equally divided
Answer:
its an economic system where factories/offices/stores (job places) are owned by the community, nothing is privately owned by people like you & me, the consumers of the products run it as well,
wikipedia: "It is an economic theory of social organization that believes that the means of making, moving, and trading wealth should be owned or controlled by the community as a whole. This means the money made belongs to the people who make the things, instead of a group of private owners. People who agree with this type of system are called socialists."
Also,There are many kinds of socialism. But in all types, the workers own the means of production.
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