answersLogoWhite

0

When a country is poor they tend to turn to communism for a quick fix. They believe/and are told that it is the best policy and will treat everyone as equal; it does, but not in the long-term. Example: China.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

How would marshall plan weaken communism?

The plan weakened communism by restoring the economic growth of Europe.


What did Karl Marx believe would bring about economic and social collapse in Europe and America?

Karl Marx believed capitalism would bring about economic and social collapse in Europe and America. Karl Marx was a proponent of the dictatorship of the proletariat. The collapse of capitalism would be the result of a workers' revolution. In his time, there were other socialists who believed that a peaceful transition from capitalism to socialism was the path to the future.


What did Karl Marx believe would bring about social and economic collapse in Europe and America in one word?

Capitalism.


What economic system would you find the LEASTprivate ownership?

Communism


Which president is credited with the challenge and collapse of communism?

I suppose if anyone gets this credit it would be Ronald Reagan.


How would the collapse of the soviet union impact other communist nations outside of Europe?

The collapse of the Soviet Union in 1991 significantly weakened the global communist movement, leading to a reevaluation of communist ideologies in countries like China, Vietnam, and Cuba. These nations faced economic pressures and the realization that Soviet-style communism was unsustainable, prompting reforms and a shift toward market-oriented policies. Additionally, the loss of Soviet support diminished their geopolitical influence, forcing them to adapt to a new global order and explore alternative alliances and economic strategies. Overall, the collapse catalyzed a wave of change that reshaped the political landscape in various communist nations outside of Europe.


What are possible consequences to the US and the world if the US does not help Europe?

In the event of a serious economic collapse of the European Union, this would cause a global economic depression, since the economies of all nations interconnect, and the EU is a very major part of the global economy. However, we do not know for a fact that Europe will be unable to solve its economic problems without the help of the US. Furthermore, the US has economic problems of its own. It is certainly not obvious that the US is in a position to help Europe even if it wants to do so. Europe and the US both need to get their economic houses in order.


What economic system does the government have complete control over manufacturing and production?

That would be COMMUNISM.


What did president Truman believe was critical to Europe's prosperity?

President Truman believed that economic stability was critical to Europe's prosperity. He believed that providing economic aid to war-torn European countries would help rebuild their infrastructure, stimulate economic growth, and prevent the spread of communism. In 1947, he introduced the Marshall Plan, which provided financial assistance to European nations to promote their recovery and stability.


Under which economic system would you find the least private ownership?

Under communism, you would find the least private ownership.


Are most of the original countries in the eu from eastern or western Europe why?

Most of the original EU countries were from Western Europe since the European Union came into being as a result of Franco-West German economic agreements regarding coalmining. The Benelux countries wanted to be part of that agreement, forming the antecedents of the European Union. Additionally, Eastern Europe refused to recognize a common economic market because that would be a recognition of capitalism (as opposed to communism which prevailed in Eatern Europe).


What is an economic system run by the government?

The definition of a state-run economy would be Communism but there is no definition of providing for its citizens.