HISTORY
THE INDUSTRIAL REVOLUTION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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utilitarianism
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socialism
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communism
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social democracy
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Detailed explanation-1: -Philosophy. As a form of reformist democratic socialism, social democracy rejects the either/or interpretation of capitalism versus socialism. It claims that fostering a progressive evolution of capitalism will gradually result in the evolution of a capitalist economy into a socialist economy.
Detailed explanation-2: -Socialism is a political philosophy and movement encompassing a wide range of economic and social systems which are characterised by social ownership of the means of production, as opposed to private ownership.
Detailed explanation-3: -Democratic socialism is defined as having a socialist economy in which the means of production are socially and collectively owned or controlled alongside a liberal democratic political system of government. Democratic socialists reject most self-described socialist states and Marxism–Leninism.
Detailed explanation-4: -Communism has two phases. The first or lower phase of communism is called as socialism that is the phase between capitalism and communism. The second or higher phase of communism is the perfect stage. There is no inequality or injustice in this stage.
Detailed explanation-5: -Types of socialism include a range of economic and social systems characterised by social ownership and democratic control of the means of production and organizational self-management of enterprises as well as the political theories and movements associated with socialism.
Detailed explanation-6: -The history of socialism has its origins in the Age of Enlightenment and the 1789 French Revolution along with the changes that it brought, although it has precedents in earlier movements and ideas.