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collectivism

col·lec·tiv·ism [ kə léktə vìzzəm ]


noun 
Definition:
 
people's ownership and management: the system of control and ownership of factories and farms and of the means of production and distribution of products by a nation's people


col·lec·tiv·ist noun
col·lec·tiv·is·tic [ kə lèktə vístik ] adjective
col·lec·tiv·is·ti·cal·ly [ kə lèktəvístiklee ] adverb
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