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Which Government Type Eliminates Private Ownership for Equality? Constitutional Monarchy Theocracy Dictatorship Socialism

Question

Which government type eliminates private ownership for equality? Constitutional monarchy Theocracy Dictatorship Socialism

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Answer

Socialism, in its purest theoretical form, aims to eliminate private ownership of the means of production (factories, land, resources, etc.) in favor of collective or state ownership. The goal of this system is to achieve greater economic equality by distributing wealth and resources more evenly among the population. It's important to note that in practice, socialist systems have varied considerably in their approach to private property and the degree of government control.