Economics Communism Questions
In communism, the role of economic development is to ensure the equitable distribution of resources and the improvement of living standards for all members of society. Economic development in communism aims to eliminate social and economic inequalities by prioritizing the needs of the collective over individual interests. It involves the central planning and control of production, distribution, and consumption of goods and services to meet the needs of the entire society. The ultimate goal of economic development in communism is to create a classless society where wealth and resources are shared equally among all members.