USA HISTORY

THE COLD WAR 1950 1973

THE COLD WAR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Soviet Union was a capitalist country.
A
True
B
False
C
No, it was a democratic country
D
No, it was a republican country
Explanation: 

Detailed explanation-1: -The left and council communist traditions outside Russia consider the Soviet system as state capitalist, although some left communists such as Amadeo Bordiga also referred to it as simply capitalism or capitalist mode of production.

Detailed explanation-2: -The Soviet Union, officially the Union of Soviet Socialist Republics (USSR), was a transcontinental country spanning much of Eurasia that existed from 30 December 1922 to 26 December 1991.

Detailed explanation-3: -In a capitalist economy, capital assets-such as factories, mines, and railroads-can be privately owned and controlled, labor is purchased for money wages, capital gains accrue to private owners, and prices allocate capital and labor between competing uses (see “Supply and Demand”).

Detailed explanation-4: -The Communist Party of the Soviet Union (CPSU), at some points known as the Russian Communist Party or All-Union Communist Party and sometimes referred to as the Soviet Communist Party (SCP), was the founding and ruling political party of the Soviet Union.

There is 1 question to complete.