What Political Leader Argued That Underconsumption and Overproduction Were Root

question 46

Multiple Choice

What political leader argued that underconsumption and overproduction were root causes of imperialism and that, once the world was fully divided among capitalist states, expansion could only come at someone else's expense, thereby producing war?

• A) Friedrich Engels.
• B) Leon Trotsky.
• C) Joseph Stalin.
• D) Vladimir Lenin.

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Definitions:

Novation

The act of replacing an obligation to perform with a new obligation or replacing a party to an agreement with a new party.

Discharging Contract

Discharging a contract refers to the process by which parties are released from their obligations under the contract, for reasons such as fulfillment of the contract terms, mutual agreement, or impossibility of performance.

Third Party

An entity that is not directly involved in a transaction or agreement but may be affected by it or have an interest in it.

Obligee

The party in a contract who is entitled to receive a performance or service from another party (the obligor).