Economics Communism Questions
In a communist system, the role of economic development is to serve the needs of the society as a whole rather than individual profit. The main goal is to achieve economic equality and improve the overall well-being of the population. Economic development in communism focuses on meeting the basic needs of all citizens, such as providing healthcare, education, housing, and employment opportunities. The state plays a central role in planning and directing economic activities to ensure equitable distribution of resources and promote social welfare.