Answer:
Socialism- is an economic and political system. It is an economic theory of social organization. It states that the means of making, moving, and trading wealth should be owned or controlled by the workers. ... Socialists believe that everything in society is made by the cooperative efforts of the people and citizens.
Step-by-step explanation:
communism- a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.