Who Popularized the Idea of Central Economic Planning

question 155

Multiple Choice

Who popularized the idea of central economic planning?

• A) Jiang Zemin
• B) Karl Marx
• C) Mikhail Gorbachev
• D) Henry Fayol

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Definitions:

Board of Directors

A group of elected individuals representing shareholders, responsible for overseeing the activities and strategic direction of a company.

Proxy Voting

A process that allows shareholders to vote on corporate matters, such as the election of members to the board of directors, without physically attending the meeting.

Shareholder Authority

The legal powers granted to shareholders of a corporation, including voting on corporate matters and electing the board of directors.

Straight Voting

A method of voting on corporate directors where shareholders must vote for each board position separately, often disadvantaging smaller shareholders.