IGNOU MGP 4 2017 2018 - Meaning of Socialism and Communism

Question

Meaning of Socialism and Communism

23 Aug 2017

Answer :

Word Count : 256

Communism and socialism are economic and political structures that promote equality and seek to eliminate social classes. The two are interchangeable in some ways, but different in others.

In a communist society, the working class owns everything, and everyone works toward the same communal goal. There are no wealthy or poor people -- all are equal, and the community distributes what it produces based only on need. Nothing is obtained by working more than what is required.

Communism frequently

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