Which of the following according to Marx, is the correct order in which societies progress?
Answer Details
Marx believed that societies progress through different stages of economic systems. According to him, the correct order in which societies progress is Feudalism, Capitalism, Socialism, and Communism. In the feudal system, the aristocracy owns land and the peasants work on it. In capitalism, the means of production are privately owned, and labor is purchased for wages. Socialism involves collective ownership of the means of production and distribution of goods based on need. Communism, in Marx's view, is the final stage of human history, where private property is abolished, and the means of production are owned by the community as a whole.