Under the Old Soviet Version of Communism in the U

question 50

Multiple Choice

Under the old Soviet version of communism in the U.S.S.R., the questions of 'What?', 'How?', and 'For whom?' were answered by

• A)a democratically elected congress called the Duma.
• B)the law of supply and demand.
• C)the decisions of hundreds of millions of individual consumers.
• D)a government planning committee.
• E)the owners of private businesses.

---

Definitions:

Encourage Consumption

Measures or strategies aimed at increasing consumer spending and demand for goods and services.

Federal Income Tax

A tax levied by the federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.

Ability-To-Pay Principle

A taxation principle that suggests taxes should be levied according to an individual's or entity's ability to pay, favoring a more equitable distribution of the tax burden.

U.S. Income Tax

A tax imposed by the U.S. government on the income generated by businesses and individuals within its jurisdiction.