Answer:
Socialism, in its most basic sense, takes the privately owned means of production away from the few, rich capitalists or bourgeoisie, and places them in the public sphere. This does not imply government ownership, but common ownership of the people. All decisions on the direction of the market would then be made democratically, through workers unions and such. The end goal would be a more even distribution of wealth, and a society truly goverened by the masses, and not the few who are only in search of profit.
alternate answer.
Some things should be in the public commons, what benefits all collectively. Clean Water, Sewage, Medical care to prevent spread of disease or emergencies. Basic needs of all but not a "everything is free" theory. Water fountains can be found in public areas but to have access to bulk amounts for Home use washing cooking and industry use for production, systems have to be built and maintained. As to means of production what use is having a set of tools to fix a car and someone walks up and takes some for use elsewhere? Or jumps in the drivers' seat and tries to drive off because everything is free. Only a halfwit would think everything is free could work. Society gives some of what is needed, the citizen returns the favor to the public commons. The more put into the public resources the better all will be but only up to a point. Like take a dollar one day and giving back a dollar and a dime on a later day. Communism is more typical of the other description and it's a feeble description at that..