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Socialism is a system where the means of production are owned and controlled by the society as a whole rather than by individuals. This can be achieved through government ownership, cooperative ownership, or a combination of both.

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βˆ™ 3w ago
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βˆ™ 12y ago

The members of the society own them collectively. They are run by administrators but with no one having ownership interests.

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Communism is an economic and political system in which the state owns the means of production and a single party rules.

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βˆ™ 14y ago

The social class Marx labelled 'the Bourgeoisie' are the owners and controllers of the means of production.

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βˆ™ 1y ago

The capitalist class, less than 1% of the population.

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βˆ™ 10y ago

Socialism

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Q: What system in which society owns and controls the means of production?
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Related questions

Under Socialism who controls production?

Under socialism, society controls the means of production.


What is an economic system where the government owns and controls the means of production?

socialism.


In a capitalist economic system who owns and controls the means of production?

If you're thinking in the Marx context, the term is bourgeoisie.


In Karl Marx's view social relations during any period of history depend on who controls the what?

In Karl Marx's view, social relations during any period of history depend on who controls the means of production. This control determines the relationship between different classes in society - those who own and control the means of production (bourgeoisie) and those who labor (proletariat). Marx believed that this class struggle ultimately shapes social, political, and economic structures in society.


Economic system which government controls the factors of production for the public good?

Under state capitalism, the government controls the means of production. But this is for the benefit of the ruling class, not for β€˜the public good’.


What word means a segment of DNA that controls the proteins production and the cell cycle?

Gene


Karl Marx considered what to be foundation of society?

Karl Marx believed that the economic system, specifically the mode of production, was the foundation of society. He argued that the relationship between the means of production and the social structures shaped the development of human history and class struggle.


What is government control of land and other means of production called?

Federal Land i.e. national parks, federal buildings


Controls the body by means of hormones?

the endocrine system


What is the belief that the means of production should be owned and controlled by society?

sOCIALISM


What is government control of land and all means of production called?

When the government controls the land and all the other means of production it is known as Communism. Communism is the system of in which all social and economical activities are controlled by a totalitarian state that is dominated by a single, self-perpetrating political party.


What means bourgeoisie?

The bourgeoisie refers to the middle class in society, typically consisting of individuals who own property, have financial resources, and hold significant influence in politics and economics. They are often seen as the ruling class that controls the means of production and wealth in capitalist societies.