WORLD HISTORY

NATIONALISM IN EUROPE

THE RISE OF NATIONALISM IN EUROPE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What do Socialists mean by the term “co-operation”?
A
A business, banking and supermarket chain run on Socialist principles
B
Carrying out two medical operations at the same time
C
Human beings should avoid working together, and take a more individualist approach to life
D
Human beings naturally prefer to co-operate with, rather than work against, each other
Explanation: 

Detailed explanation-1: -The co-operative movement is built upon shared ownership and seeks to make decisions in a democratic manner to serve the needs of its members. Over time, the co-operative group expanded by merging with several independent retail societies.

Detailed explanation-2: -A socialist is someone who supports a political or economic philosophy that says society as a whole, rather than private companies, should own or control various goods and services. The word socialist has become so politicized that it can be hard to define accurately.

Detailed explanation-3: -Another socialist in France, Louis Blanc demanded that government should replace capitalists based enterprises and encourage cooperatives. The main purpose of the cooperative was to produce goods together and to profits to be divided according to the works done by the members.

Detailed explanation-4: -Socialism is a system in which every person in the community has an equal share of the various elements of production, distribution, and exchange of resources. Such a form of ownership is granted through a democratic system of governance.

There is 1 question to complete.