socialism
ˈsəʊʃəlɪz(ə)m/
noun
- a political and economic theory of social organisation which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
Socialism is based on how an individual contributes to the country and how much they receive back. The more hours you work the more share of valuables you get. Before workers get their share of wealth part of it is deducted for the common good, funding education, defence and helping those who cant support themselves (children, elderly ect).
Countries using socialism and their leaders:
1. Norway: Erna Solberg
2. Denmark: Lars Løkke Rasmussen
3. Sweden:Stefan Löfven
4. Cuba: Miguel Díaz-Canel
5. China; Xi Jinping
6. Vietnam; Trần Đại Quang
7. Russia : Vladimir Putin
8. India : Ram Nath Kovind
9. Sri Lanka : Maithripala Sirisena
10. Portugal : Marcelo Rebelo de Sousa
Do I like the idea of socialism: I think it would be a great idea if it worked and people didn't use others to benefit themselves, sadly the world isn't free of selfish people who would use this form of government for their own wealth. The world is full of corrupt people who would use socialism for their own good. It is a great idea in theory but it wouldn't work well in real life.
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