In this video, we’re going to look at a simple explanation of Socialism as well as the arguments for and against socialism.
Socialism is a political and economic ideology that advocates for the collective ownership and control of the means of production and distribution of goods and services. The goal of socialism is to create a more equal and just society by eliminating exploitation and increasing the well-being of all people.
Sources:
"Socialism." Wikipedia, [ Ссылка ]
"What is Socialism?" Investopedia, [ Ссылка ]
"Socialism." Encyclopedia Britannica, [ Ссылка ]
"Pros and Cons of Socialism." Economics Help, [ Ссылка ]
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