WORLD HISTORY

Detailed explanation-1: -Much of the core tenets of modern communism stem from their ideas on public property and the definition of ownership in society. Communist philosophy argues against private property and supports collective ownership.

Detailed explanation-2: -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-3: -Marx thought that the economic system of communism would replace capitalism. Communism is based on principles meant to correct the problems caused by capitalism. The most important principle of communism is that no private ownership of property should be allowed.

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.

Detailed explanation-5: -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.