Question

Socialism Definition

Answer 1

here you go!

Step-by-step explanation:

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

2. policy or practice based on the political and economic theory of socialism.

3. (in Marxist theory) a transitional social state between the overthrow of capitalism and the realization of Communism.

Answer 2

a political and economic theory of social organization 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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