5. Communism Communism is associated with totalitarian governments of countries such as the Soviet Union, China and Cuba (society). Communism is also called a command economy. Communism is based on...


5. Communism<br>Communism is associated with totalitarian governments of countries such as the<br>Soviet Union, China and Cuba (society). Communism is also called a command<br>economy. Communism is based on the idea of the thinker Karl Marx, who<br>believed that everyone should share the money and resources in a society. Marx<br>put his ideas in his book, The Communist Manifesto in 1848 (time period), after<br>| the height of the Industrial Revolution. He was against the very small and rich ruling class controlling the rest<br>of society. He was against the idea of capitalism, which was the economic system before communism. Marx<br>had the idea that people should share in the wealth of a country equally. There should be no rich or poor.<br>However, he did not say who should control the economy and the resources of a country, so in Communist<br>countries, very powerful dictators ended up taking over. Virtually every resource is controlled by a very<br>strong government. In a Communist economy, there is a lot of attention paid to making industrial goods like<br>|machines and weapons. Very little attention, however, is paid to making food and consumer goods (like<br>clothing or furniture or televisions). Thus, people in Communist countries often found it very hard to obtain<br>food, consumer goods and make profits from their businesses.<br>

Extracted text: 5. Communism Communism is associated with totalitarian governments of countries such as the Soviet Union, China and Cuba (society). Communism is also called a command economy. Communism is based on the idea of the thinker Karl Marx, who believed that everyone should share the money and resources in a society. Marx put his ideas in his book, The Communist Manifesto in 1848 (time period), after | the height of the Industrial Revolution. He was against the very small and rich ruling class controlling the rest of society. He was against the idea of capitalism, which was the economic system before communism. Marx had the idea that people should share in the wealth of a country equally. There should be no rich or poor. However, he did not say who should control the economy and the resources of a country, so in Communist countries, very powerful dictators ended up taking over. Virtually every resource is controlled by a very strong government. In a Communist economy, there is a lot of attention paid to making industrial goods like |machines and weapons. Very little attention, however, is paid to making food and consumer goods (like clothing or furniture or televisions). Thus, people in Communist countries often found it very hard to obtain food, consumer goods and make profits from their businesses.
What type of<br>government is this (features) of this economic system?<br>economic system<br>associated with?<br>What are the defining characteristics<br>What is the historical<br>context?<br>(List 2 for each)<br>5. Communism<br>Society (Location)?<br>(also known as a<br>command<br>economy)<br>Time Period (not dates)?<br>

Extracted text: What type of government is this (features) of this economic system? economic system associated with? What are the defining characteristics What is the historical context? (List 2 for each) 5. Communism Society (Location)? (also known as a command economy) Time Period (not dates)?
Jun 10, 2022
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