What is Socialism significance to one's life?​

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Answer 1

Answer:

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What Is Socialism Significance To One's Life?
Answer 2

The socialism which is a form of governance can be considered to have significance to one's life in many ways.

Some of the significance of Socialism to one's life are the following:

It ensures that the society in which men belong functions well and uses resources optimally.

It makes use of resources such as labor, minerals, and land appropriately.

It redistributes wealth to society. Thus reduces wealth disparity.

It reduces the poverty level.

Hence, in this case, it is concluded that socialism has many significances to one's life.

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Related Questions

North Korea is a _________?

A. Democracy.
B. Dictatorship.
C. Theocracy.
D. Aristocracy.

Answers

Answer:

B

Explanation:

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