what does socialism meaning - EAS

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    so·cial·ism
    [ˈsōSHəˌlizəm]
    NOUN
    socialism (noun)
    1. a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
      OPPOSITE:
      conservatism
    ORIGIN
    early 19th century: from French socialisme, from social (see social).
    Translate socialism to
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