Advantages of Socialism?

Answer

Socialism means an economy system that shows characteristics of a social ownership of the management of the economy. One of the advantages of socialism is that is can create a good use of land, resources, or labor while avoiding insufficient productions. Socialism can sometimes raise the standard of living in an area if it is properly executed. Countries formerly under a capitalist reign may receive better food and live a healthier lifestyle. Another advantage of socialism is that it can create a type of society that flourish and continue to build for future generations. In some areas throughout the world, socialism has erased poverty and ended wage slavery.
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