Question

what was the basic concept of socialism ?​

Answer 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. ... Social ownership can be public, collective, cooperative, or of equity.

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Answer 2

Explanation:

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. ... Social ownership can be public, collective, cooperative, or of equity