What is communism? In economics, what is meant by the term Stalinist-style communism?

What will be an ideal response?

Communism refers to a political doctrine that holds that the wealthy exploit workers and the poor under capitalist economic systems; that economic wealth should be redistributed as much as possible; and that a single, vanguard political party should direct the government and control the state.
In economics, Stalinist-style communism came to mean state ownership of almost all productive assets, including land, industry, and infrastructure; a program of government-directed industrialization; collectively owned and operated farms; and the substitution of the market for setting prices and regulating supply and demand with a vast system of centralized economic planning.

Political Science

You might also like to view...

Article II of the Constitution provides that the _____ has the authority to issue an executive order "restricting the jurisdiction of the Supreme Court on a temporary basis."

a. President b. Senate c. House of Representatives d. The Cabinet

Political Science

Which of the following states abstained from voting on the Universal Declaration of Human Rights? (Choose all that apply.)

a. The Soviet Union b. South Africa c. Saudi Arabia d. The United States

Political Science