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Wealth was a measure of a person's value to society.
What else can I help you with?
Where socialism starts?
Socialism's origins where in France in the late 1780s during the industrial age. It spread through Europe over the next 200 years. I have added a link for you below that will give you a basic idea about the origin of socialism. I would have written it all out for you but it is a long story.
What is the basic idea of socialism?
Social ownership of the means of productionEconomic planning to coordinate production and investmentWorkers' self-management or collective-decision making in firms
Who did the idea of socialism come from?
Plato
What are the three basic economies?
capitalism, socialism, and communism
Who came up with the idea of socialism?
Teddy Roosevelt
What is an important belief of socialism?
An important belief of socialism is the idea that the means of production, distribution, and exchange should be owned or regulated by the community as a whole, rather than by private individuals. This system aims to reduce economic inequality and ensure that wealth and resources are distributed more equitably among all members of society. Socialism emphasizes social welfare and collective responsibility, promoting the idea that everyone deserves access to basic necessities such as healthcare, education, and housing.
What political idea was popular during the Industrial revolution?
socialism
The two most basic forms of planned economies are?
Communism and Socialism
In this type of economy the government owns the basic means of production?
Socialism
What has the author Abraham Simchah Sachs written?
Abraham Simchah Sachs has written: 'Di lehre fun sotsyalizm' -- subject(s): Socialism 'Basic principles of scientific socialism' -- subject(s): Socialism
Which was the body of ideas forming the basic tenets of modern socialism and communism?
Marxism
What was the idea that the government should own and operate industry for the community as a whole?
socialism
