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Which statement is true about socialism?
A. Community ownership of resources is preferred over private ownership
B. Only the neediest people in society receive welfare
C. Private companies control all labor and its activities
D. The government redistributes wealth so that everyone has the same amount of money
Socialism is essentially an ideology (albeit a flawed one) in which everybody is equal, wealth-wise and social-wise. A and D are correct because they both represent the economic "equality" that socialism stands for.
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