Asked by Johnny Jones on Jun 25, 2024
Verified
Communism is the name Karl Marx gave to the classless society that, he said, is bound to develop out of capitalism.
Communism
A political and economic ideology advocating for a classless society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
Classless Society
An ideal society in which there is no division or class stratification among its members, implying equality in terms of status, wealth, and power.
- Acquire knowledge of the distinguishing attributes of diverse economic structures.
Verified Answer
HB
Hannah BlihovdeJun 25, 2024
Final Answer :
True
Explanation :
Karl Marx envisioned communism as a classless, stateless society that would emerge from the conditions of capitalism after a period of socialist transition, where the means of production are owned communally.
Learning Objectives
- Acquire knowledge of the distinguishing attributes of diverse economic structures.
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