WORLD HISTORY

RUSSIAN REVOLUTION

MAJOR EVENTS IN PRE REVOLUTION RUSSIA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which opinion on economic production would Karl Marx most likely express?
A
A free market best supports the needs of workers.
B
The role of the government is to regulate the means of production.
C
Ownership of the means of production should be shared equally by all workers.
D
Businesses should own the means of production to effectively increase economic output.
Explanation: 

Detailed explanation-1: -Marx’s theory of class defines classes in their relation to their ownership and control of the means of production. In a capitalist society, the bourgeoisie, or the capitalist class, is the class that owns the means of production and derives a passive income from their operation.

Detailed explanation-2: -His key theories were a critique of capitalism and its shortcomings. Marx thought that the capitalistic system would inevitably destroy itself. The oppressed workers would become alienated and ultimately overthrow the owners to take control of the means of production themselves, ushering in a classless society.

Detailed explanation-3: -Marx argued that social stratification was a direct result of an individual’s relationship to the means of production. Owning the means of production makes you a part of the wealthy class. The working class remains poor because they lack ownership of the means of production.

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.

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