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Socialism Meaning in English

word

ˈsoʊʃəˌɫɪzəm
SOH-shuh-li-zum
sˈəʊʃəlˌɪzəm
SOH-shuh-li-zum

Definition

A political and economic system where most resources and key industries are owned or controlled by the community or government, aiming to reduce inequality and provide social services to everyone.

Usage & Nuances

Used in political, academic, or historical contexts. Often contrasted with 'capitalism.' Common phrases: 'under socialism,' 'the ideals of socialism.' Sometimes misunderstood or debated based on country's history.

Example Sentences

Socialism is a type of government system.

basic

Some countries follow socialism.

basic

Socialism aims to help everyone in society.

basic

Debates about socialism often get heated online.

natural

My grandfather saw big changes after his country adopted socialism.

natural

People have different opinions about socialism and what it should look like in practice.

natural