INTER WAR YEARS 1919 TO 1939
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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If you believed in a radical view of fixing the economy, capitalism would be replaced with:
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Free Market Economy
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Communism
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Anarchy
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Totalitarianism
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Explanation:
Detailed explanation-1: -Marxism is a broad philosophy developed by Karl Marx in the second half of the 19th century that unifies social, political, and economic theory. It is mainly concerned with the battle between the working class and the ownership class and favors communism and socialism over capitalism.
Detailed explanation-2: -Communism teaches that everyone gets the same amount of pay, no poor or rich, and that workers should be treated fairly. Also, that the workers are in control of the businesses.
Detailed explanation-3: -Karl Marx’s analysis of the internal dynamics of capitalist society led him to conclude that this order would be replaced by socialism.
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