Which Tenet of Communism Would Social Democrats Be Least Likely

question 54

Multiple Choice

Which tenet of communism would social democrats be least likely to favour?

• A) central planning
• B) nationalization of key industries
• C) proletarian dictatorship
• D) equalization of conditions

---

Definitions:

Scale Reduction

The process of downsizing the scope or size of operations, often in response to operational inefficiencies or declining profits.

Long-Run Average Total Cost

The average cost per unit of output incurred when all factors of production, including capital, are variable, considered over a sufficient period for all adjustments to be made.

Decreasing Returns to Scale

Decreasing returns to scale occur when increasing the inputs used in production results in a less than proportional increase in output.

Total Cost

The aggregate of expenses involved in creating goods or delivering services, covering both stable and changeable costs.