Question

what you mean by socialism ​

Answer 1

Socialism is an economic and political system where workers own the general means of production (i. e. farms, factories, tools, and raw materials). This can be achieved through decentralized and direct worker-ownership or centralized state-ownership of the means of production

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Answer 2

Answer:

Socialism is a political theory of social organisation which advocates that the means of production, distribution and exchange should be owned or regulated by the community as a whole.

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