How Did the Soviet Model of Communism Compare to That

question 129

Multiple Choice

How did the Soviet model of communism compare to that of Karl Marx?

• A)The models were identical.
• B)The Soviet model was faithful to the Marxian model,but it had been modified slightly over the years.
• C)What the Soviets were operating all these years was a classic capitalist model.
• D)While there was public ownership of the means of production,there did not appear to be a very close resemblance to the Marxian model.

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Definitions:

Expected Value

The weighted average of all possible values of a random variable, considering the probabilities of each outcome.

Fixed Salary

A set amount of money paid to an employee by an employer at regular intervals, regardless of hours worked, providing income stability.

Expected Value

A statistical concept that represents the average outcome when the same event is repeated multiple times.

Utility

In economics, the satisfaction or pleasure that consumers derive from consuming goods or services.