IPA: /kəˈlɛktɪˌvɪzəm/
KK: /kəˈlɛktɪˌvɪzəm/
A belief or system where the ownership and control of resources and production are managed by a group of people rather than individuals, often with government involvement.
Collectivism promotes the idea that the community should work together for the common good.
Collectivism → It is formed from "collect" (from Latin "colligere", meaning to gather together) and "-ism" (a suffix used to denote a practice or philosophy). The word "collectivism" refers to a political or economic theory advocating collective control over production and resources.
Think of 'gathering together' ('collect') as a way to remember that collectivism is about shared control and ownership.