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Answer to Question #305797 in Sociology for Thookozile

Question #305797

What is socialism?

1
Expert's answer
2022-03-06T18:07:01-0500

Socialism is a populist economic and political system based on public ownership (also known as collective or common ownership) of the means of production. Those means include the machinery, tools, and factories used to produce goods that aim to directly satisfy human needs.




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