GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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pure communism
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mixed economies
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traditional capitalism
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Western Europe socialism
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Detailed explanation-1: -Communist philosophy argues against private property and supports collective ownership. This philosophy applies specifically to intellectual property and software. The common view is that no person should on their own or control any property, whether electronic, merely an idea, or otherwise.
Detailed explanation-2: -Communist society also involves the absence of private property, social classes, money, and the state. Communists often seek a voluntary state of self-governance but disagree on the means to this end.
Detailed explanation-3: -Classless society. A classless society is where there are no differences between the rich and the poor. Common ownership of all resources. For society to be classless, people need to abolish the existing system of control and division. Private property. Social equality. Against democracy.
Detailed explanation-4: -Abolition of Private Property. Collective Ownership of Means of Production. Central Planning. Elimination of Unfair Gaps in Incomes. Provision of Necessaries of Life.