Question

-What was the basic idea of socialism?​

Answer 1

Answer:

Socialism is an economic and political system. It is an economic theory of social organization. It believes that the means of making, moving, and trading wealth should be owned or controlled by the workers. 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.[1]

Answer 2

Answer:

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Socialists were against private property, and saw it as the root of all social ills of that time.