Vocab Bloom Hub

socialism

/ˈsəʊ.ʃə.lɪ.zəm/

1 entry

Word connections

noun

/ˈsəʊ.ʃə.lɪ.zəm/B2formalpolitical
  • ruПолитическая и экономическая теория, выступающая за коллективную или государственную собственность и управление средствами производства и распределения товаров.

A political and economic theory advocating for collective or state ownership and administration of the means of production and distribution of goods.

uncountable

  1. Political theoryB2formal

    A political and economic theory advocating that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.

    ruПолитическая теория

    • Socialism emerged as a response to the inequalities of industrial capitalism.
    • Many political parties in Europe have historically supported forms of socialism.
    • The debate between socialism and capitalism continues to shape modern politics.

    Synonymscollectivismcommunism

    Antonymscapitalism

  2. B2formal

    An economic system characterized by social or state ownership of the means of production, rather than private ownership.

    ruЭкономическая система

    • Under socialism, key industries like healthcare and transportation are often publicly owned.
    • The country adopted a form of socialism after the revolution.
    • Critics argue that socialism can reduce economic efficiency.

    Synonymscollectivismcommunism

    Antonymscapitalism

Forms
  • socialisms plural form
  • socialisms' possessive plural form
  • socialism's possessive singular form
Vocab Bloom Hub English dataset · 0.3.1

Inherited terms

Vocabulary data from the Vocab Bloom Hub English dataset (CC BY 4.0), https://huggingface.co/datasets/Fristail27/vocab-bloom-hub-en

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