Communists Believe That the Mode of Production Creates the Class

question 51

Multiple Choice

Communists believe that the mode of production creates the class structure, the political system, religion, education, family life, law, and art and literature. This idea is called

• A) socialism.
• B) economic freedom.
• C) economic determinism.
• D) capitalism.

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Definitions:

Managerial Department

A department within an organization responsible for making management decisions, overseeing operations, and developing strategies.

Cash Budget

is a financial plan that estimates cash inflows and outflows over a specific period of time, often used for managing liquidity and ensuring financial stability.

Inflows And Outflows

Terms referring to the movement of money into and out of a business or account, representing income and expenses or investments and withdrawals, respectively.

Sales Budget

A sales budget estimates the amount of revenue a company expects to earn from sales over a specific period, serving as a planning and control tool for managing operations.