Asked by Logan MacNeil on May 17, 2024
Verified
Which statement is true?
A) The communist system of state-owned enterprises in the Soviet Union was an example of pure communism.
B) Aside from Cuba,Vietnam,North Korea,and a few other very small nations,there are no other communist powers left in the world.
C) Mikhail Gorbachev still holds substantial power in Russia.
D) None of the statements are true.
Communist System
A political and economic ideology aiming for a classless society where all property is publicly owned and each person works and is paid according to their abilities and needs.
State-Owned Enterprises
Businesses or entities that are owned and operated by a government.
Mikhail Gorbachev
The last leader of the Soviet Union, known for his policies of glasnost (openness) and perestroika (restructuring).
- Assess the evidence of economic systems in action through time, paying attention to the distinction between communist and capitalist countries.
- Understand the economic ideologies of key historical figures and their impact on economic policy and systems.
Verified Answer
Learning Objectives
- Assess the evidence of economic systems in action through time, paying attention to the distinction between communist and capitalist countries.
- Understand the economic ideologies of key historical figures and their impact on economic policy and systems.
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