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...

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