Question

write any features of socialism and mention 3 points​

Answer 1

i) Collective Ownership:

(ii) Economic, Social and Political Equality:

(iii) Economic Planning:

(iv) No Competition:

(v) Positive Role of Government:

(vi) Work and Wages According to Ability and Needs:

Answer 2

The 5 features of Socialism

1] Collective Ownership

2] Economic , Social and Political Equality

3] Economic Planning

4] No Competition

5] Positive Role of Goverment

6] Work and Wages according to Ability and Needs

7] Maximum Social Walfare