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According to socialists why was it necessary that production benefit society?

Answer and explanation

Correct answer: So wider welfare replaces private profit of a few owners

The governing concept is the socialist criticism of private control over production. Socialists argued that production depends on the labour of many people and uses resources that affect the whole community, so its benefits should not flow mainly to a small group of owners. They favoured collective or social control intended to reduce exploitation, improve living conditions and distribute economic gains more fairly. Option A is correct because it expresses the movement from narrow private profit towards wider social welfare. B substitutes royal wealth for collective welfare; C contradicts the socialist aim of workers' rights; and D belongs to a feudal system rather than the socialist programme under discussion.

Related tags

SocialismProductionCollective WelfarePrivate ProfitThe Age Of Social ChangeSocialism In Europe And The Russian RevolutionHistoryClass 9 Mcq

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