Question

What is socialism?

A. welfare that is directed to the neediest members of society

B. the belief that government should redistribute wealth so that everyone has the same amount of money

C. a system of government that was tried in the United States in the latter half of the nineteenth century

D. a system in which the workers control the nation’s factories and businesses

Answer 1

The correct choice from the given options is:

D. a system in which the workers control the nation’s factories and businesses.

The main idea behind Socialism is that there should be a common ownership which can be explained in terms that the businesses, which include factories and resources of a community or at large the world should be owned by the whole community.