Socialism is an economic system, NOT a political system.

Name: Socialism is an economic system, NOT a political system.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Socialism primarily refers to an economic system where the means of production, distribution, and exchange are owned or regulated by the community as a whole, often through the state. It does not specify a particular form of government or political system, which can vary widely among countries that identify as socialist.

Socialism Is an Economic System, NOT a Political System