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Define socialism
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Answer / sujit kumar
socialism the system of governance in which the major means
of production is owned by the government and the government
itself ensures the equal distribution of resources besides
ensuring that wealth is not accumulated in the hands of few
people.
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Answer / nisha
to collected all economical sources and distribute it
equally is known as socialism.
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Answer / sudhin
It is type of economy, which encourages Socialistic pattern
of Society
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Answer / rajeev mohan
The state to control & distribute the wealth not according to ABILITY, but according to the needs of the individuals, or the families.
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