What are the characteristics of communism quizlet?

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What are the characteristics of communism quizlet?

Terms in this set (10)

In strict communist theory the “means of production” is collectively owned by the people in a community, to insure that all the people will get the products that they themselves desire.

Q. What are the three means of production?

These include raw materials, facilities, machinery and tools used in the production of goods and services. … In an industrial society the means of production become social means of production and include factories and mines. In a knowledge economy, computers and networks are means of production.

Q. What does communism mean quizlet?

Communism. A political system in which the government owns and controls all resources and means of production and makes all economic decisions. Capitalism. An economic system based on private ownership and on the investment of money in business ventures in order to make a profit.

Q. What are the goals of communism quizlet?

  • Abolition of property in land and application of all rents of land to public purposes.
  • Heavy progressive or graduated income tax.
  • abolition of all right of inheritance.
  • confiscation of the property of all emigrants and rebels.

Terms in this set (5)

  • communism 1. Seeks a classless society.
  • communism 2. Seeks to eliminate religion.
  • communism 3. No private ownership of land or property.
  • communism 4. Seeks an international revolution.
  • communism 5. Has a socialist economy.

Q. Which of the following are main characteristics of communism?

Characteristics of Communist System

  • Abolition of Private Property.
  • Collective Ownership of Means of Production.
  • Central Planning.
  • Elimination of Unfair Gaps in Incomes.
  • Provision of Necessaries of Life.

Q. What are the three attributes associated with communism?

The following are the basic characteristics of communism.

  • State Ownership. The state owns all capital in a communist system including all land, machines, buildings and infrastructure. …
  • Central Planning. …
  • Bureaucratic Elite. …
  • “Common Good” …
  • Competition. …
  • Austerity. …
  • Single Party. …
  • Repression.

Q. Is communism a type of economic system?

Communism is a political and economic system that seeks to create a classless society in which the major means of production, such as mines and factories, are owned and controlled by the public.

Q. What is the biggest industry in Russia?

Industry, Economy of Russia

  • Machinery Construction. Machine building is the leading industry in Russia, which is concentrated mostly in Moscow, St. …
  • Chemical and Petrochemical Industry. …
  • Fuel and Energy. …
  • Metallurgical Complex. …
  • Agricultural Complex.

Q. What form of government is Russia today?

Federal republic

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