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Question

Which of the following ideology believes that true equality will be achieved when society controls the resources it provides?

A
Capitalism
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B
Socialism
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C
Democracy
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D
Liberty
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Solution

The correct option is B Socialism
Socialism is a political or economic system which demands public ownership and control of natural resources and property. It believed that individuals should live in cooperation with each other in the society. According to the socialists, true equality can be achieved only when the society controls the resources it provides, instead of a few rich people.

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