POST WAR WORLD 1946 1959
KOREAS PARTITION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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people are free
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individuals can vote for representatives in government
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private businesses own the factories and natural resources and controls the production of goods
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the government owns the factories and natural resources; people are not free
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Detailed explanation-1: -communism, political and economic doctrine that aims to replace private property and a profit-based economy with public ownership and communal control of at least the major means of production (e.g., mines, mills, and factories) and the natural resources of a society.
Detailed explanation-2: -Communism is an economic system where the group owns the factors of production. The factors of production are labor, entrepreneurship, capital, and land. 1 Although the government doesn’t legally own the labor force, the central planners tell the people where they should work.
Detailed explanation-3: -Communism is a political, economic ideology and movement whose ultimate goal is the establishment of a communist society, namely a socioeconomic order structured upon the ideas of common ownership of the means of production and the absence of social classes, money and the state.
Detailed explanation-4: -Communism, also known as a command system, is an economic system where the government owns most of the factors of production and decides the allocation of resources and what products and services will be provided. The most important originators of communist doctrine were Karl Marx and Frederick Engels.