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socialism

noun

/ˈsəʊ.ʃəl.ɪ.zəm/

Meaning

An economic system where the means of production are owned by the state or community.

a political and economic system in which the means of production are owned or regulated by the community as a whole

In socialism, resources are distributed equally among citizens.

Socialism advocates for collective ownership of resources.

Collectivism, Public Ownership, State Control, collectivism, communism, leftism, state ownership

Entry 1

Collectivism, Public Ownership, State Control

Entry 2

collectivism, communism, leftism, state ownership

Capitalism, Free Market, Privatization, capitalism, privatization

Entry 1

Capitalism, Free Market, Privatization

Entry 2

capitalism, privatization

embrace socialism, socialism theory, socialism system

The force or speed gained by a moving object; the strength of progress.

The action or process of investing money for profit or material result.

An act of resistance or rebellion; an attempt to overthrow authority or government.

A feudal lord entitled to allegiance and service; a loyal subject.

a salt or ester of acetic acid; a synthetic material used in textiles and film

a place, person, or thing from which something originates; the origin of information