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Show instructions Question 1 (1 point) Founded by the Theories of Karl Marx a Free Market Capitalism b Command Economy C Traditional d Feudal System

Pergunta

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Question 1 (1 point)
Founded by the Theories of Karl Marx
a Free Market Capitalism
b Command Economy
C Traditional
d Feudal System

Show instructions Question 1 (1 point) Founded by the Theories of Karl Marx a Free Market Capitalism b Command Economy C Traditional d Feudal System

Solução

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SuzanaMestre · Tutor por 5 anos

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The correct answer is 'b', the command economy.

Explicação

## Step 1
The question is asking us to identify the economic system that was founded by the theories of Karl Marx. Karl Marx is a well-known philosopher and economist who is best known for his theories about capitalism and communism.

## Step 2
Marx's theories are most closely associated with the command economy, also known as a planned economy. In a command economy, the government has control over all economic activities, including the production and distribution of goods and services. This is in contrast to a free market economy, where economic activities are determined by supply and demand, and a traditional economy, which is based on customs and traditions.

## Step 3
The feudal system, on the other hand, is a system of land ownership and power that was prevalent in medieval Europe. It is not directly related to Marx's theories.
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