One major result of Karl Marx's economic theories was:
A. the growth of demand for consumer products.
B. the rise of more command economies.
c. the spread of free market principles.
D. the decline in support for Keynesian economies.

It was Karl Marx, in the communist manifesto who argued for 'common ownership of the means of production.' A command economy works in contrast to a free market company. In a free market company, goods and services are produced by private enterprises with distribution occurring according to market forces.

Definition of a command economy.

An economic system in which activity is controlled by a central authority and the means of production are publicly owned.

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One major result of Karl Marx's economic theories was: A. the growth of demand for consumer products. B. the rise of more command economies. c. the spread of free market principles. D. the decline in support for Keynesian economies.

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What did Karl Marx say about command economies?

Definition of a command economy.

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One major result of Karl Marx's economic theories was:
A. the growth of demand for consumer products.
B. the rise of more command economies.
c. the spread of free market principles.
D. the decline in support for Keynesian economies.