Asked by
LAREECIA HOLMES
on Oct 13, 2024Verified
How did the Soviet model of communism compare to that of Karl Marx?
A) The models were identical.
B) The Soviet model was faithful to the Marxian model,but it had been modified slightly over the years.
C) What the Soviets were operating all these years was a classic capitalist model.
D) While there was public ownership of the means of production,there did not appear to be a very close resemblance to the Marxian model.
Soviet Model
An economic and political system found in the former Soviet Union, characterized by state ownership of resources, central planning, and one-party rule.
Karl Marx
A 19th-century philosopher, economist, and socialist who analyzed the effects of capitalism and proposed a revolutionary class struggle leading to a society with no class distinctions.
Public Ownership
Ownership of assets by the government or a government entity, rather than by private individuals or organizations.
- Examine the historical and present-day instances of economic structures in practice, such as in countries with communist and capitalist ideologies.
- Comprehend the economic philosophies of prominent historical personalities and their influence on economic policy and frameworks.
Verified Answer
SA
Learning Objectives
- Examine the historical and present-day instances of economic structures in practice, such as in countries with communist and capitalist ideologies.
- Comprehend the economic philosophies of prominent historical personalities and their influence on economic policy and frameworks.