WORLD HISTORY

WORLD WAR II

DECOLONIZATION PHASE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is the best example of communism?
A
A govt. encourages people to start a business, but the govt. can tell them what to produce.
B
People can start their own business, and produce whatever they want.
C
The govt. controls all the factories, and distributes the profits to the workers equally.
D
A factory owner can make more money than their employees, but not that much more.
Explanation: 

Detailed explanation-1: -Today, the existing communist states in the world are in China, Cuba, Laos, and Vietnam.

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: -Two of the major examples of Communism, or a communist economy, are China and Cuba. China, officially called the People’s Republic of China, is ruled by a single party, the Communist Party of China. Power is divided between the National People’s Congress, the president, and the State Council.

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