How was socialism a response to capitalism

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History

Ximena Hopkins

1 August, 19:38

How was socialism a response to capitalism

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Zoie · Answer 1

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.