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1.14: Industrial Revolution and Capitalism and Socialism — History & Civics STD 9 — Question

ICSE BoardEnglish MediumSTD 9History & Civics1.14: Industrial Revolution and Capitalism and Socialism2 Marks
Question
What is meant by Socialism?
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Answer

Socialism consists of one demand, namely that the land and other instruments of production shall be the common property of the people and shall be used and governed by the people, for the people.

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