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- Dictionarysocialism/ˈsəʊʃəlɪz(ə)m/
noun
- 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: "we want a real democratic and pluralist left party—one which unites all those who believe in socialism"
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Jun 26, 2024 · socialism, social and economic doctrine that calls for public rather than private ownership or control of property and natural resources.
Socialism is an economic and political philosophy encompassing diverse economic and social systems [1] characterised by social ownership of the means of production, [2] as opposed to private ownership. [3] [4] [5] It describes the economic, political, and social theories and movements associated with the implementation of such systems. [6] .
an economic, political, and social system that is based on the belief that all people are equal and should share equally in a country's money: It is a culture that is closer to socialism than capitalism.
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
Aug 26, 2021 · Socialism is an economic, social, and political theory advocating collective or governmental control and administration of a country’s means of economic production.
Oct 10, 2019 · Socialism describes any political or economic theory that says the community, rather than individuals, should own and manage property and natural resources. The...
Socialism definition: a theory or system of social organization that advocates the ownership and control of the means of production and distribution, capital, land, etc., by the community as a whole, usually through a centralized government.. See examples of SOCIALISM used in a sentence.
Dec 18, 2023 · Socialism is a populist economic and political system based on collective, common, or public ownership of the means of production. Those means of production...
Jul 15, 2019 · Socialism. Socialism is a rich tradition of political thought and practice, the history of which contains a vast number of views and theories, often differing in many of their conceptual, empirical, and normative commitments.
noun. the study of the basic principles of knowledge. political. adjective. having to do with public policy, government, administration, or elected office. socialism. noun. system of organization or government where all property, industry, and capital is owned by the community, not individuals.
