GENERAL KNOWLEDGE

GK

INDIAN POLITICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Socialism is opposed to
A
social security scheme
B
equal distribution of wealth
C
unrestricted competition
D
collective ownership and management
Explanation: 

Detailed explanation-1: -Socialists believe in individual freedom but they are of the view that it can be believe secured under social regulation. Than by unrestricted competition. They betire that the instruments of production should be owned and operated and their products distributed by the organized community.

Detailed explanation-2: -Modern socialism originated from an 18th-century intellectual and working class political movement that criticised the effects of industrialization and private property on society. So it is essentially a movement of the workers.

Detailed explanation-3: -The correct answer is Radical Socialism.

There is 1 question to complete.