Q.

Socialist thinkers advocate the extension of the right to equality in –

A. Political sphere
B. Economic sphere
C. Social sphere
D. Legal sphere
Answer» B. Economic sphere
Explanation: Socialism is an economic system characterized by social ownership of the means of production and cooperative management of the economy, and a political philosophy advocating such a system. So it advocates the extension of the principal of equality in economic sphere. Lately, it has been used to refer to an ethical political doctrine focusing on a common set of values emphasizing social cooperation, universal welfare, and equality.
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