Communism Has Two Meanings, Distinguished by How They Are Written

question 48

Multiple Choice

Communism has two meanings, distinguished by how they are written. Small-c communism describes a social system in which property is owned by the community and in which people work for the common good. Large-C Communism

• A) is an imperial doctrine to appropriate private capital for the sake of the survival of the state.
• B) is just another version of neoliberalism but in disguise.
• C) refers to the social aspects of small-c communism.
• D) is Lenin's political theory of small-c communism.
• E) was a political movement and doctrine seeking to overthrow capitalism and establish a form of communism such as that which prevailed in the Soviet Union (the USSR) from 1917 to 1991.

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Definitions:

Inflation

The rate of growth in the average cost of goods and services, which lowers the purchasing capacity.

Loses Value

A term referring to the decrease in worth of an asset or currency over time.

FDIC

The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation providing deposit insurance to depositors in U.S. commercial banks and savings institutions.

Savings and Loan

Financial institutions that primarily promote savings and provide loans for housing.