WORLD HISTORY

HISTORY

WORLD WAR I AND THE RUSSIAN REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Mutually beneficial society; everything is shared
A
Socialism
B
Militarism
C
Imperialism
D
Nationalism
Explanation: 

Detailed explanation-1: -Mutualism is an anarchist school of thought and economic theory that advocates a socialist society based on free markets and usufructs, i.e. occupation and use property norms.

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: -Common socialism meaning is that every person in a community should have an equal share in the production and distribution of resources.

Detailed explanation-4: -Public Enterprises. Centrally Planned Economy. Societal Classes. State-Sponsored Basic Amenities for the Public. Equal Opportunities. Minimal Competition. Price Mechanism.

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