Socialists envision a gradual change from private to public ownership of property. This process involves government seizure of industries from private owners and is known as
A) nationalization.
B) revolution.
C) a constitutional amendment.
D) the merging of race and nation.

Question

Quizplus · Accepted Answer

Socialists advocate for the gradual transfer of ownership from private to public hands through nationalization, which involves the government taking over private industries and making them publicly owned. Revolution refers to a dramatic, abrupt change, not the gradual process socialists envision. A constitutional amendment is a legal document that changes the framework of a government, not a process for transferring ownership. The merging of race and nation is not related to socialism or the question at hand.

Socialists Envision a Gradual Change from Private to Public Ownership