How does socialism address the issue of poverty?

How does socialism address the issue of poverty?

Socialism addresses the issue of poverty by advocating for the redistribution of wealth and resources in society. It aims to create a more equitable distribution of income and resources, ensuring that everyone has access to basic necessities and a decent standard of living. Socialism promotes the provision of social welfare programs, such as healthcare, education, and housing, to alleviate poverty and reduce inequality. Additionally, it emphasizes collective ownership and control of the means of production, aiming to eliminate exploitation and provide equal opportunities for all individuals.