Which of the following is the lowest in the hierarchy of a feudal system?
Lords
Serfs
Knights
Nobles
Correct answer is B
Serfs is a member of the lowest feudal class, legally bound to a landed estate and required to perform labor for the lord of that estate in exchange for a personal allotment of land.
class division
the need of individual
human capital
division of labour
Correct answer is B
Communism is advocacy of a classless society in which private ownership has been abolished and the means of production and subsistence belong to the community
Foreign domination by a group of people for social and economic benefits is known as
nationalism
colonialism
feudalism
constitutionalism
Correct answer is B
Colonialism is the policy of a nation seeking to extend or retain its authority over other people or territories, generally with the aim of opening trade opportunities.
The highest stage of socialism is
oligarchy
capitalism
totalitarianism
communism
Correct answer is D
Communism is a further development or "higher stage" of socialism. Communist society, which is the final aim of the struggle for emancipation of the working people in all lands, is the highest and most progressive stage of social development. Communist society passes through two phases of development
Which of the following is true about a capitalist state?
Private individuals control the economy
The workers are not exploited
Government controls the means of production
There is no class struggle
Correct answer is A
Capitalist state is an economic system based on the private ownership of the means of production and their operation for profit. Characteristics of capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system, and competitive markets.