Collectivism meaning

kə-lĕktə-vĭzəm
The principles or system of ownership and control of the means of production and distribution by the people collectively, usually under the supervision of a government.
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The ownership and control of the means of production and distribution by the people collectively; socialism.
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An economic system in which the means of production and distribution are owned and controlled by the people collectively.
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Origin of collectivism