EDUCATION UGC NET
EDUCATIONAL SOCIOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Marxism
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Socialism
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Capitalism
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Domestic Institution
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Detailed explanation-1: -Socialists favour a more equal distribution of wealth and income within society. This is in sharp contrast to liberals and to some extent conservatives who favour equality of opportunity (albeit for slightly different reasons).
Detailed explanation-2: -Socialists contend that shared ownership of resources and central planning provide a more equal distribution of goods and services and a more equitable society.
Detailed explanation-3: -The Communist Manifesto was written by Karl Marx and Friedrich Engels in 1847-48 just before the Revolutions of 1848 swept Europe, expressing what they termed scientific socialism.
Detailed explanation-4: -The characteristics of social democracy include state-owned enterprises, centralized economic planning, a classless society, equal opportunity for all individuals, and a government-controlled price system.