ECONOMICS
ECONOMIC SYSTEMS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Who were the fathers of Communism and Capitalism, respectively?
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Locke and Voltaire
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Meiji and Tokugawa
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Marx and Smith
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Cavour and Garabaldi
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Explanation:
Detailed explanation-1: -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-2: -Adam Smith is often identified as the father of modern capitalism.
Detailed explanation-3: -The Father of Communism, Karl Marx, a German philosopher and economist, proposed this new ideology in his Communist Manifesto, which he wrote with Friedrich Engels in 1848.
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