Question
Social Democracy
Answer :
Word Count : 257
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Social Democracy is a political and philosophical ideology that seeks to combine the principles of democracy with a commitment to social justice within a capitalist framework. It emerged in the late nineteenth and early twentieth centuries as a reformist branch of the socialist movement. Unlike revolutionary socialism, which aims to replace capitalism entirely, social democracy accepts a market economy but argues that it must be regulated and guided by the state to ensure fairness, equality, and human welfare. At its core, social democracy emphasizes political
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