The correct option is B. Communism is the political-economic system created by Lenin in the country of Russia. Lenin presided over the new Soviet administration that emerged in Russia following the revolution. He was elected as the USSR's first president in 1922.
What are the advantages and disadvantages of Communism?
Everything, including real estate, corporations, and means of production, is owned by the government. The fact that communism eradicates the free market from domestic society is its worst drawback. The prices that consumers must pay are therefore not determined by the rules of supply and demand.
Leninism is a school of political thought founded by Russian Marxist revolutionary Vladimir Lenin that advocates the creation of a proletarian dictatorship under the control of a revolutionary vanguard party as a necessary political step toward the foundation of communism.
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