Asked by Giovanny Garcia on May 01, 2024
Verified
"From each according to his ability, to each according to his need." This slogan could only be fully realized with
A) pure capitalism.
B) a mixture of capitalism and socialism.
C) a mixture of capitalism and communism.
D) pure communism.
Pure Communism
An idealized form of communism where there is no class division, the state has withered away, and the means of production are communally owned, leading to equal distribution of resources.
Capitalism
An economic system where private individuals rather than the state own and operate the means of production and distribution, driven by the motive of profit.
Socialism
An economic system based on the collective ownership of the means of production, collective distribution of goods and services, and government regulation.
- Attain an understanding of the unique identifiers and descriptions of economic arrangements such as capitalism, socialism, and communism.
Verified Answer
CK
Caroline KenowMay 07, 2024
Final Answer :
D
Explanation :
This slogan is closely associated with the principles of communism, which advocates for a classless society in which the means of production are owned and controlled by the community as a whole. Pure communism is the only system that is designed to fully implement the slogan of "From each according to his ability, to each according to his need." In a communist society, resources are distributed equally among all members, and every individual works to their full ability for the betterment of the community as a whole.
Learning Objectives
- Attain an understanding of the unique identifiers and descriptions of economic arrangements such as capitalism, socialism, and communism.