political ideologies and economic systems - Socialism

Question 1

Collective Ownership

Answer 1

Ownership and control of the means of production and distribution by the community or the state.

Question 2

Economic Equality

Answer 2

Principle of distributing wealth and resources equally or according to need.

Question 3

Workers’ Rights

Answer 3

Rights of workers to fair wages, safe working conditions, and collective bargaining.

Question 4

Redistribution

Answer 4

Transfer of wealth, income, or resources from the wealthy to the less affluent members of society.

Question 5

Social Welfare

Answer 5

Government programs and policies aimed at promoting the well-being and economic security of citizens.

Question 6

Solidarity

Answer 6

Unity and cooperation among individuals, particularly within the working class.

Question 7

Public Services

Answer 7

Essential services provided by the government, such as healthcare, education, and transportation.

Question 8

Democratic Socialism

Answer 8

Political ideology that combines democratic political systems with socialist economic policies.

Question 9

Universal Basic Income

Answer 9

Unconditional cash payment provided to all citizens to ensure a minimum standard of living.

Question 10

Social Democracy

Answer 10

Political ideology advocating for a balance between socialism and capitalism through democratic means.