Connect with a global community of knowledgeable individuals on IDNLearn.com. Get the information you need from our community of experts, who provide detailed and trustworthy answers.
Sagot :
Well you can rule out communism since that is not an economic system but a system of government. Socialism is the answer you are looking for. Socialism involves the division of everything into equal parts. No economic classes is a major trait of Socialism.
Answer:
Option C, Communism, is the right answer.
Explanation:
- An economic system in which all the means of production are controlled by the community as a whole instead of a class is known as the communist economic system.
- In simple terms, the Communist Economic System is a system in which the major means of production, for instance, factories and mines are under the control of the public.
- Karl Marx, a German Philosopher created this Communist theory in the 1800's.
We appreciate your contributions to this forum. Don't forget to check back for the latest answers. Keep asking, answering, and sharing useful information. IDNLearn.com has the solutions to your questions. Thanks for stopping by, and come back for more insightful information.