Socialists believe that wealth should be more evenly distributed than what actually occurs in a free-market capitalistic system.
Level of Learning 1: Knowledge of key terms

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Socialists believe in redistributing wealth to reduce economic and social inequality. They advocate for a system where resources and means of production are collectively owned and managed, rather than privately owned by a few wealthy individuals. In contrast, free-market capitalism allows for individuals to accumulate wealth without any limits or consideration for the distribution of resources.

Socialists Believe That Wealth Should Be More Evenly Distributed Than