Question

what is socialist thought?

Answer 1

Socialism is a political economic theory. It is in between communism and capitalism.

In socialism the ways and means of making, producing, transporting, selling, consuming anything and everything belongs to the entire community or society. So entire community controls the economy (finance, markets, agriculture) .

Socialism comes from society.

Answer 2

Answer:

socialism is a political economy theory which present between capitalism and communism .

In socialism the ways and means of making ,producing ,transporting ,selling ,consuming ,anything and everything ,so entire community controls the economy .hence socialism comes from society .

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