Pressure Groups | Definition, Features, Functions, Pros & Cons There are several groups in the political system which attempt to influence the political process. Apart from political parties, pressure groups are also important in this respect. The study of pressure groups has its origin in the “group theory" of politics....

Socialism is an economic cum political system in which the means of production and distribution is collectively owned and controlled by the state. This is done on-behalf of the people while the government sees to the equitable distribution of the resources evenly.