THE COLD WAR 1950 1973
THE COLD WAR
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Communism
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Capitalism
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Either A or B
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None of the above
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Detailed explanation-1: -There is no government or private property or currency, and the wealth is divided among citizens equally or according to individual need. Many of communism’s tenets derive from the works of German revolutionary Karl Marx, who (with Friedrich Engels) wrote The Communist Manifesto (1848).
Detailed explanation-2: -The communist state is the dictatorship of the proletariat, where the advanced elements of the proletariat are the ruling class. In Marxist–Leninist thinking, the socialist state is the last repressive state since the next stage of development is that of pure communism, a classless and stateless society.
Detailed explanation-3: -Under communism, there is no such thing as private property. All property is communally owned, and each person receives a portion based on what they need.
Detailed explanation-4: -In politics, communist parties have absolute power over governance, and elections are single-party affairs. In economics, the party controls the country’s economic system, and private ownership is illegal, although this facet of communist rule has changed in some countries like China.