Which of These Paths Towards Modernization Did Vladimir Lenin Support

question 56

Multiple Choice

Which of these paths towards modernization did Vladimir Lenin support?

• A) Modernization was brought about by an independent urban merchant class.
• B) Modernization was brought about by traditional elites in the absence of a strong middle class.
• C) Modernization was brought about by the end of agriculture.
• D) Modernization was brought about by the ruthless military management of the economy.
• E) Modernization was brought about by the destruction of private property.

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Definitions:

Collateral

Assets pledged by a borrower to secure a loan or credit, which the lender can seize if the borrower fails to repay the agreed amount.

Securities

Financial instruments that represent an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Net Worth

The value of all assets a person or corporation owns, minus the liabilities they owe; a measure of financial health.

Liabilities

A debt owed by a business to another organization or individual.