History, asked by MSAI5053, 11 months ago

What was the basic idea of socialism in Europe?

Answers

Answered by PrajyotBhoir
3

Answer:

The Coming of Socialism in Europe. By the mid nineteenth century socialism became popular and attracted many in Europe.Socialist Idea : They were against private property.

Answered by Anonymous
10

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Socialism is an economic and political system where the ways of making a living(factories, offices, etc.) are owned by the workers who run them and the people who depend on them. 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.

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