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Individuals can work to make profits in the communistic economy of China, as example. However, the Communist Politburo of China makes all major economic decisions. Major means of production are controlled by the leaders of the communist party. No other party but the communist party exists in China.
What else can I help you with?
What countries have a communist Economic System?
No countries have or could have a Communist economic system. Communism is a classless stateless society based on production for use, with no money and no economy. Also, it would have to operate at a global level.
What social and economic system in which classes are abolished and property is commonly controlled?
The Communism Economic System
What economic system is based on collective ownership?
Communism
What kind of economic system did the Bolsheviks believe in?
Communism
Theoretically speaking communism is an economic system that includes which of the following characteristics?
Theoretically speaking communism is an economic system that includes which of the following characteristics?
Economic system replacing communism in former soviet countries?
Capitalism is the economic system currently replacing Communism in former Soviet countries.
Is communism considered a religon?
No; communism is an economic system.
What countries have a communist Economic System?
No countries have or could have a Communist economic system. Communism is a classless stateless society based on production for use, with no money and no economy. Also, it would have to operate at a global level.
What social and economic system in which classes are abolished and property is commonly controlled?
The Communism Economic System
What economic system is based on collective ownership?
Communism
What kind of economic system did the Bolsheviks believe in?
Communism
Theoretically speaking communism is an economic system that includes which of the following characteristics?
Theoretically speaking communism is an economic system that includes which of the following characteristics?
The economic system that calls for a maximum of collective ownership is?
communism
What economic system would you find the LEASTprivate ownership?
Communism
Is communism is the economic system that is the most influenced government?
true
Did Karl Marx make a contribution to economics?
Yes, he philosophized the economic system of Socialism and other leftist political systems such as Communism, which had economic elements. Socialism and communism are actually two distinct politico-economic systems - they both have their own political and economic systems. Marx also wrote the most systematic (at the time, and in my opinion, to date) critique of capitalism. In fact, I think its wrong to describe communism as a political system - democracy is the political system of communism - communism is fundamentally an economic system.
What Economics system is currently replacing communism in former Soviet countries?
Capitalism:an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
