USA HISTORY

THE COLD WAR 1950 1973

THE COLD WAR

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Under which form of government is the means of production and the national and capital resources owned by the government?
A
McCarthyism
B
Imperialism
C
Communism
D
Capitalism
Explanation: 

Detailed explanation-1: -Communism is a political and economic system that seeks to create a classless society in which the major means of production, such as mines and factories, are owned and controlled by the public.

Detailed explanation-2: -Socialism is an economic and political system based on collective ownership of the means of production. All legal production and distribution decisions are made by the government in a socialist system.

Detailed explanation-3: -Communism. Communism is a centralized form of government led by a single party that is often authoritarian in its rule.

Detailed explanation-4: -Socialism is, broadly speaking, a political and economic system in which property and the means of production are owned in common, typically controlled by the state or government. Socialism is based on the idea that common or public ownership of resources and means of production leads to a more equal society.

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