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16 November, 15:12

Who was responsible for the development of the Communist economic theory, which states that government should control all businesses, people should not be paid for their work, and all products should be equally distributed among society?

Adam Smith

Karl Marx

Andrew Carnegie

Lewis Hine

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  1. 16 November, 18:47
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    Among the options given on the question the correct answer is option B.

    Karl Marx

    Explanation: Karl Marx was the founder communism theory and he was the one who established this communism theory to form a nation which will be based on the communism.

    There is a special view of communism which is called as the Marxism. He wrote the aims and goals of the communism in the famous ' Communist Manifesto". According to his theory government should control the businesses and people should not be paid for the work. Moreover the products need to be distributed to all citizens in the society.

    Behind his theory, there was a reason of class in the society. He thought that the workers people are being classified by getting the wage and capitalist are making profit which create a rich-poor difference in the society.

    To overcome this problem and to upheld the labor class he gave his Marxism theory in which included communist economy.
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