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Marcelo Hatfield
History
20 October, 00:02
How was socialism a response to capitalism
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Yasmin Frey
20 October, 00:31
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Answer:Socialism emerged as a response to the expanding capitalist system. It presented an alternative, aimed at improving the lot of the working class and creating a more egalitarian society. In its emphasis on public ownership of the means of production, socialism contrasted sharply with capitalism, which is based around a free market system and private ownership.
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