Socialism gives more emphasis to which idea?
Answer and explanation
Correct answer: Social equality and public interest in resources
Socialism is a broad family of ideas that emphasises reducing economic inequality, protecting workers and organising important resources or production in the public or collective interest. Different socialist theories vary in how much ownership should be public and how markets should operate. It is therefore not the same as monarchy, slave trade or a system focused only on private profit. Option A expresses the central idea.
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What is the correct answer to this question?
Social equality and public interest in resources
Why is this the correct answer?
Socialism is a broad family of ideas that emphasises reducing economic inequality, protecting workers and organising important resources or production in the public or collective interest. Different socialist theories vary in how much ownership should be public and how markets should operate. It is therefore not the same as monarchy, slave trade or a system focused only on private profit. Option A expresses the central idea.
Which subject and chapter does this question cover?
This is a Class 9 History question. Chapter: Socialism in Europe and the Russian Revolution. Topic: The Age of Social Change.
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