ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC SYSTEMS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In a “pure” communist society, who are the wealthiest and most powerful people?
A
Intellectuals
B
Business leaders
C
Military leaders
D
No One ____ every member of society is supposed to be equal
Explanation: 

Detailed explanation-1: -Answer. In a pure communist society the wealthiest and most powerful people are no one-every member of society is supposed to be equal. The correct option is d.

Detailed explanation-2: -Communism is a classless social system with one form of public ownership of the means of production and with full social equality of all members of society.

Detailed explanation-3: -Pure Communism Definition. Pure communism is an economic, political, and social system in which most or all property and resources are collectively owned by a class-free society rather than by individual citizens.

Detailed explanation-4: -Most modern forms of communism are grounded at least nominally in Marxism, a theory and method conceived by Karl Marx during the 19th century.

Detailed explanation-5: -Communism is a form of government most frequently associated with the ideas of Karl Marx, a German philosopher who outlined his ideas for a utopian society in The Communist Manifesto, written in 1848. Marx believed that capitalism, with its emphasis on profit and private ownership, led to inequality among citizens.

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