Which ideology aims for a classless society with all property publicly owned?

Which ideology aims for a classless society with all property publicly owned?

• A. Socialism
• B. Communism
• C. Theocracy
• D. Oligarchy

Answer: (B)

Communism aims for a classless society in which the means of production are owned collectively and all property is publicly owned. This means private ownership of major resources and industries is eliminated, and wealth is distributed to meet people's needs. Socialism also pushes public or cooperative ownership, but it’s often seen as a transitional stage and may still permit some private property, so it doesn’t necessarily promise a fully classless, all-property-public system. Theocracy is rule by religious authorities, and oligarchy is rule by a small elite; neither centers on owning property or creating a classless economy. So the description best fits communism.

Communism aims for a classless society in which the means of production are owned collectively and all property is publicly owned. This means private ownership of major resources and industries is eliminated, and wealth is distributed to meet people's needs. Socialism also pushes public or cooperative ownership, but it’s often seen as a transitional stage and may still permit some private property, so it doesn’t necessarily promise a fully classless, all-property-public system. Theocracy is rule by religious authorities, and oligarchy is rule by a small elite; neither centers on owning property or creating a classless economy. So the description best fits communism.