Socialism is an economic and political theory advocating that the means of production, distribution, and exchange should be owned or regulated by the community as a whole, rather than by privat

Here are the answers to Practice :

1. Socialism is an economic and political theory advocating that the means of production, distribution, and exchange should be owned or regulated by the community as a whole, rather than by private individuals. It aims to achieve greater social and economic equality.

2. The Communist Manifesto was written by Karl Marx and Friedrich Engels.

3. People who support socialism are generally called socialists.