Consider the following statements about socialism and choose the correct answer from the options given below:

1.I. Socialism stands for equality.

2.II. Socialism stands for the collection of private property.

3.III. Socialism stands for the elimination of competition.

4.IV. Socialism aims at the elimination of capitalism.

AI, II and III

BI, III and IV

CII, III and IV

DI, II, III and IV

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