THE COLD WAR 1950 1973
THE COLD WAR
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Citizens own businesses privately with the purpose of making profits.
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Citizens all contribute in the community equally and share equally in its resources and profits.
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The government controls all business and economic activity and attempts to divide the profits and resources evenly among all citizens.
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The government holds swap meets and farmers markets so citizens can barter goods with each other.
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Detailed explanation-1: -Communism is a political and economic ideology that positions itself in opposition to liberal democracy and capitalism, advocating instead for a classless system in which the means of production are owned communally and private property is nonexistent or severely curtailed.
Detailed explanation-2: -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-3: -In communist nations, government makes all economic decisions; owns the land, natural resources, industry, banks, and transportation system; and controls all mass communication.
Detailed explanation-4: -Communism is a form of government most frequently associated with the ideas of Karl Marx, a German philosopher who outlined his ideas for a utopian society in The Communist Manifesto, written in 1848. Marx believed that capitalism, with its emphasis on profit and private ownership, led to inequality among citizens.