Beruflich Dokumente
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Page 1
Socialism is a controversial term that has
different meanings to different people.
Socialism is an economic philosophy that
stresses public ownership of the means of
production rather than private ownership.
Underlying this philosophy is the belief that
this system is morally better because it
reduces the gap between the rich and poor.
This more equitable distribution of the wealth
should result in a better society for all.
Page 2
Socialism can be divided into the
categories
Utopian socialism
Revolutionary socialism or Communism