समाजवाद

Socialism is an economic and political philosophy where the means of production—like factories and resources—are owned by society collectively rather than by private individuals, with various forms including public, community, cooperative, or employee ownership. It matters because socialism represents one of the major ideologies across the political spectrum, shaping how different countries organize their economies and societies, with different versions varying in how much they rely on markets.

AI-generated from the Wikipedia summary — may contain errors.