You must complete Introduction to the Concept of Government to unlock this Lesson.
COMMUNISM
- Definition of Communism
- Features of Communism
- The Origin and Development of Communism
- The Principles of Communism
- The Relationship between Socialism and Communism
Definition of Communism
Communism is a political and economic system in which the means of production, distribution and exchange are commonly owned and equally distributed. It is based on the principle of “from each according to his capacity and to each according to his needs”. It is the last stage or highest stage of socialism. Karl Marx is regarded as the father of communism.
Features of Communism
The following features are associated with communism:
- Collective ownership: The principle advocated for common, collective and public ownership of means of production and distribution for the benefit of all and sundry.
- Classless society: The principle aimed at achieving a society without classes where there will be no distinction between the rich and the poor.
- Equitable distribution: The principle also aimed at achieving equitable distribution of resources, goods and services to the citizens to improve their economic welfare and standard of living.
You are viewing an excerpt of this lesson. Subscribing to the subject will give you access to the following:
- NEW: Download the entire term's content in MS Word document format (1-year plan only)
- The complete lesson note and evaluation questions for this topic
- The complete lessons for the subject and class (First Term, Second Term & Third Term)
- Media-rich, interactive and gamified content
- End-of-lesson objective questions with detailed explanations to force mastery of content
- Simulated termly preparatory examination questions
- Discussion boards on all lessons and subjects
- Guaranteed learning
ClassHall Instructor
innocent jonas