7. What is socialism? Mention its four features?

1.	7. What is socialism? Mention its four features?
Answer» <html><body><p>ER IS HERE →→→→→ ______________________________________________________Socialism is a political, social and economic philosophy encompassing a range of economic and social systems characterised by social ownership of the means of production and workers' self-management of enterprises. ... Social ownership can be public, collective, cooperative or of equity.The main <a href="https://interviewquestions.tuteehub.com/tag/features-985771" style="font-weight:bold;" target="_blank" title="Click to know more about FEATURES">FEATURES</a> of <a href="https://interviewquestions.tuteehub.com/tag/socialism-646839" style="font-weight:bold;" target="_blank" title="Click to know more about SOCIALISM">SOCIALISM</a> are as follows:(i) Collective Ownership:(<a href="https://interviewquestions.tuteehub.com/tag/ii-1036832" style="font-weight:bold;" target="_blank" title="Click to know more about II">II</a>) Economic, Social and Political Equality:(iii) Economic Planning:(iv) No Competition:(<a href="https://interviewquestions.tuteehub.com/tag/v-722631" style="font-weight:bold;" target="_blank" title="Click to know more about V">V</a>) Positive Role of Government:(vi) Work and Wages According to <a href="https://interviewquestions.tuteehub.com/tag/ability-25661" style="font-weight:bold;" target="_blank" title="Click to know more about ABILITY">ABILITY</a> and Needs:</p></body></html>

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