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  1. Socialism is a social and economic doctrine that calls for public rather than private ownership or control of property and natural resources. According to the socialist view, individuals do not live or work in isolation but live in cooperation with one another. Furthermore, everything that people produce is in some sense a social product, and everyone who contributes to the production of a ...

  2. education.nationalgeographic.org › resource › socialismSocialism - Education

    Socialism is, broadly speaking, a political and economic system in which property and the means of production are owned in common, typically controlled by the state or government. Socialism is based on the idea that common or public ownership of resources and means of production leads to a more equal society. General Socialism In defining socialism, it's imporant to first define capitalism.

  3. 18 de dic. de 2023 · Socialism is a populist economic and political system based on the public ownership (also known as collective or common ownership) of the means of production. Those means include the machinery ...

  4. 20 de nov. de 2020 · Most fundamentally, socialism is a political, philosophic, and economic system in which the means of production—that is, everything that goes into making goods for use—are collectively controlled, rather than owned by private corporations as they are under capitalism, or by aristocrats under feudalism.

  5. Socialism is a system in which every person in the community has an equal share of the various elements of production, distribution, and exchange of resources. Such a form of ownership is granted through a democratic system of governance. Socialism has also been demonstrated through a cooperative system in which each member of the society owns ...

  6. 13 de may. de 2019 · E.J. Dionne Jr. and Bill Galston give a primer on socialism in three parts: its definition, the age gap in perceptions of socialism among Americans, and how socialism evolved to social-democratic ...

  7. The meaning of SOCIALISM is any of various egalitarian economic and political theories or movements advocating collective or governmental ownership and administration of the means of production and distribution of goods. How to use socialism in a sentence. Communism, Socialism, Capitalism, and Democracy Socialism vs. Social Democracy: Usage Guide

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