Question
Download Solution PDFDemocratic Socialism aims at:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFOption 4 is correct, i.e. bringing about Socialism through democratic means.
- Democratic socialism is a political ideology that advocates political democracy alongside social ownership of the means of production, often with an emphasis on democratic management of enterprises within a socialist economic system.
Extra facts:
- Socialism is a political ideology and economic system of govt. which proposes a set of social and economic measures, policies, and systems that are characterized by social ownership.
- Democratic control of the means of production. In a capitalist system, market forces are allowed to operate freely and govt. has very less or no ownership over the resources.
- The Preamble declares India to be a 'Sovereign, Socialist, Secular, Democratic Republic'.
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