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What is Socialism? What are the pros and cons of socialism? Socialism Explained | Socialism Debate

In this video, we’re going to look at a simple explanation of Socialism as well as the arguments for and against socialism. Socialism is a political and economic ideology that advocates for the collective ownership and control of the means of production and distribution of goods and services. The goal of socialism is to create a more equal and just society by eliminating exploitation and increasing the well-being of all people. Sources: "Socialism." Wikipedia, https://en.wikipedia.org/wiki/Socialism "What is Socialism?" Investopedia, https://www.investopedia.com/terms/s/... "Socialism." Encyclopedia Britannica, https://www.britannica.com/topic/soci... "Pros and Cons of Socialism." Economics Help, https://www.economicshelp.org/blog/15... #socialism #socialismexplained #politics #economics #ideology