Explanation and meaning of socialism.

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socialism

/'soʊʃə,lɪzəm/

Synonyms of socialism Antonyms of socialism Examples of socialism Usage of socialism Parts of socialism Definition that contains socialism Words sounding like socialism Explanation of socialism

noun
an economic system based on state ownership of capital
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Similar:

socialist economy

Opposite:

capitalism

type of:
managed economy
noun
a political theory advocating state ownership of industry
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type of:
political orientation political theory ideology

Explanation of socialism

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