Tuesday, February 15, 2011
Communism
One "-ism" that existed during the Industrial Revolution and still does is the idea of Communism. This idea was introduced by a German journalist named Karl Marx. At first this was known was Marxism, but when Marx teamed up with Friedrich Engels to write The Communist Manifesto, Communism was born. Communism is a form of government that is described as a complete form of socialism in which all goods and services are divided and shared equally among the country or region. Therefore private property would not exist and all means of production such as land, mines, factories, railroads, businesses, etc would be owned by the people as a whole rather than individuals. This form of government still exists today in China and North Korea.
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