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The economic theory of Karl Marx led to the development of which communist state?
Wiki User
∙ 12y ago
The economic theory of Karl Marx influenced the development of the Soviet Union. Marx's ideas on socialism and the need for a classless society were put into practice by the Bolsheviks led by Vladimir Lenin, ultimately leading to the establishment of a communist state in Russia.
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What is the economics system of most communist countries?
Historically, most Communist countries had planned economies (indicative of communist economic theory), but today, most Communist countries actually have capitalist economies with strong state presence.
Is Vietnam an auotcracy?
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economic development
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What is the difference between economic development and financial development?
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How would you describe economic development?
Economic development, generally speaking, is a process of change that is focused on the betterment of the community, state, and/or nation.
Are economic development measures standardized?
Standardized measures of economic development are used to identify the status of one's country, state, or local community.
Do national trends affect state and local economies?
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What are the four major objectives of state economic policy?
The major objectives of state economic policy will vary from state to state. Most state economic policy agendas will include; economic development, full employment and price stability, and distribution of income and wealth.
Which theory of the origin of state were Locke and Hobbes influential in the development of?
Locke and Hobbes were influential in the development of the social contract theory, which suggests that individuals agree to form a government to protect their natural rights and ensure order in society. Hobbes believed in a more authoritarian government to maintain order, while Locke's ideas were more focused on individual rights and limited government power.
What is the difference between Russian communism and Vietnamese communism?
Russian Communism (the Soviet Union) is a Traditional Communist State and Vietnamese Communism (People's Republic of Vietnam) is a Leninist Communist State.Traditional Communist States: Traditional Communism requires an autocratic government ruled by the Communist Party, but primarily guided by individual politicians. The government is required to collectivize private property and redistribute wealth. Stalin's Soviet Union and Cuba are often seen as examples of traditional communism.Leninist Communist States: China and Vietnam are Leninist Communist States. Leninist Communism is the political theory that a single party called the Communist Party rules the government and governs all affairs as opposed to individual politicians. Although the single party in a Leninist Communist State is the the Communist Party, the party need not practice Communist political theory. In both China and Vietnam, there is a state-directed, right-wing economic and political theory.
