Socialism

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/socialism

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What is the fundamental tenet?Advocacy for social ownership and democratic control of the means of production
2. Why do socialists think private ownership can be unfair?They say when only a few people own factories, it can lead to workers being paid little and working in unsafe places, and the economy can have big ups and downs.
3. How did socialism start?It began after the Industrial Revolution when factories grew fast and many workers lived in hard conditions, so people wanted a fairer way to share resources.

Means of Production: The physical, non-financial inputs used in the production of goods and services, such as factories, machinery, and raw materials.
Social Ownership: A system where the means of production are owned and controlled by society as a whole, rather than by private individuals or corporations.
Economic Inequality: The disparity in wealth, income, and economic opportunities among individuals or groups within a society.
Social Democracy: A political ideology that supports a capitalist market economy combined with extensive social welfare programs and government regulation.