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What is Socialism? Mention its four features?


Answer to be written

The concept of socialism refers to reshaping society on an equal basis .

  • Its four features are:
    • Socialists were against private property and saw it as the root of all social ills of the time.
    • Society should control the property collectively , as a whole .
    • If society as a whole rather than single individuals controlled property , more attention would be paid to collective social interests.
    • Socialists supported the idea of cooperatives and wanted the government to support it.

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Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 13 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.