GenZ News for Kids: A Free-Thinking Education Starts Here ...

Close

socialism

  • Home
  •  / 
  • socialism

socialism

If you notice a yellow highlight on the page, hover over it for the definition!

a political, economic and social system where the means of production is owned equally by the workers. For example, instead of factory workers being employed by a factory owner, the workers would all equally own the factory. A socialist society would apply this principle of collective ownership in every area of life.

Laura Valkovic

Socio-political Correspondent at LibertyNation.com and Managing Editor of LNGenZ.com. Eclectic in interests and political philosophies, Laura came to journalism after years of working as an educator. Her background as a historian has informed her research and writing styles, as well as her approach to current affairs. Born and raised in Australia, Laura currently resides in Great Britain.

Related Posts