What is socialism? is it good or bad????

hi i am 10 years old

tell me what socialism is in simple terms so that a 10 year old can understand

6 Answers

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  • Tiff
    Lv 5
    1 decade ago
    Favorite Answer

    There is a book my son just read in school... he is 10 too.

    It is called "The Giver"- by Lois Lowry.

    Read this book and you will understand what Socialism is.

    Socialism is when the government owns you and tells you what you can be and how much you will make. They tell you what you can read or watch on TV and they lie to you and tell you it is fairness.

  • Anonymous
    1 decade ago

    Socialism is kind of like guns. It's only as good or bad as the people that use it.

    Socialism is an economic system in which everyone is taxed to pay for social services provided by the government. The United States already uses a little bit of socialism to pay for public schools, police & fire services, and the military. Democrats want to expand this practice to include health care and college-level education.

  • 1 decade ago

    Pure socialism means everybody gets the exact same amount of everything (food, money, etc...) spread out by the government. It doesn't matter if you have a PHD of if you didn't graduate high school, it doesn't matter if you work 80hrs a week or if you are unemployed. The big problem with it is that there is NO reason to do anything.

  • 1 decade ago

    There are over 20 different schools of socialism.

    A ONE PARTY TOTALITARIAN STATE WHERE THE GOVT. CONTROLS EVERYTHING IS NOT SOCIALISM.

    It's really too much for you at this point, it's very broad but...

    the belief that the working class should own the means of production as opposed to an oligarchy of special interest groups, PRE-SELECTED govt. officials, banks, and corporations.

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  • Anonymous
    1 decade ago

    Socialism, in practice, is the taking of money from hard working people in the form of taxes and gives it to the lazy.

    And you should be at least 13 to be on this forum.

  • Anonymous
    1 decade ago

    socialism means that instead of people owning property and businesses, the government owns everything. The main idea behind socialism is that everything should be shared equally by all people.

    No, Obama is not a socialist.

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