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  1. Socialism | Definition, History, Types, Examples, & Facts ...

    What does socialism mean? Socialism is a form of government in which most forms of property, including at least the major means of production and natural resources, are owned or …

  2. Socialism - Wikipedia

    While major socialist political movements include anarchism, communism, the labour movement, Marxism, social democracy, and syndicalism, independent socialist theorists, utopian socialist …

  3. What Is Socialism? Definition and Examples - ThoughtCo

    Aug 26, 2021 · In a socialist system, all decisions regarding production, distribution, and pricing are made by the government. Citizens in socialist societies depend on the government for …

  4. Understanding Socialism: History, Theory, and Modern Examples

    Aug 1, 2025 · Socialism represents a populist economic and political framework rooted in the collective ownership of production means—such as machinery, tools, and factories—to satisfy …

  5. Socialism - Education

    Socialism is, broadly speaking, a political and economic system in which property and the means of production are owned in common, typically controlled by the state or government.

  6. What is Socialism? (7 Key Points) - Simplicable

    Mar 18, 2025 · Socialism is an economic system based on control of economic production and resources by the state with the goal of distributing resources equally. In practice, socialism …

  7. SOCIALISM Definition & Meaning - Merriam-Webster

    The meaning of SOCIALISM is any of various egalitarian economic and political theories or movements advocating collective or governmental ownership and administration of the means …

  8. Socialism Explained: Definition, Benefits, and Criticisms

    A fundamental principle of socialism is the collective ownership and administration of the means of production, distribution, and exchange. Unlike capitalism, where private entities control …

  9. Socialism - Internet Encyclopedia of Philosophy

    Socialism is both an economic system and an ideology (in the non-pejorative sense of that term). A socialist economy features social rather than private ownership of the means of production.

  10. 15 Democratic Socialist Countries and Social Democracies

    6 days ago · What do you get when you mix a market economy with a strong commitment to equality, social justice, and democracy? You get social democracies and democratic socialist …