Civics Polity · Economics

Political and Economic Systems

1,968 Questions

Political and economic systems cover governance structures, economic ideologies, and class dynamics. Questions often explore capitalism, feudalism, totalitarianism, and libertarianism. This topic is essential for civil services and university entrance examinations, testing both political science and economics principles.

Political ideologiesTotalitarianism characteristicsCapitalism and anarchismMode of productionSocial class structures

Political and Economic Systems Questions

Multiple choice
  1. Democracy and Communism

  2. Democracy and Aristocracy

  3. Democracy and Socialism

  4. None of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Democratic Socialism is a political philosophy that supports political democracy alongside a socially owned economy. It seeks to combine the democratic process with socialist principles of economic equality.

Multiple choice
  1. joint control of the means of production by the state and private enterprise

  2. individual freedom in the economic field

  3. state control of the means of production

  4. limited control of the state

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

(4) “Laissez Faire restricting the function of the state to merely keeping law and order,"

Multiple choice
  1. Class struggle

  2. Revolution

  3. Classless society

  4. Dictatorship of the proletariat

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

In Marxist theory, the ultimate goal of Communism is the establishment of a classless, stateless society where the means of production are communally owned. Class struggle and revolution are seen as the means to achieve this, while the dictatorship of the proletariat is a transitional phase.

Multiple choice
  1. Capitalist Society

  2. Socialist Society

  3. Anarchy

  4. Dictatorship

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A socialist society is characterized by social ownership of the means of production and is theoretically organized for the benefit of all members of society.

Multiple choice
  1. Success of Marxism demands preconditions that can be created by capitalism.

  2. USSR's collapse has been the final nail in the coffin of Marxism.

  3. A literate public's consciousness is the sole key to the success of an enlightened Marxist effort.

  4. The collapse of Soviet Union does not signal the end of communism.

  5. The collapse of USSR signifies its divergence, not its adherence to communism.

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

 The main idea as discussed in most of the passage is about the absence of preconditions, which led to failure of Marxism in Soviet Union. It is in option (1) that the preconditions are referenced; therefore it is marked as the correct answer.

Multiple choice

According to the passage pre-Marxian sociology was considered unscientific because

Directions: Answer the given question based on the following passage:

Over one-third of the population of the globe has done away with capitalist social relations and has either built or is building socialism. Progressive forces in all the advanced capitalist countries are working for socialism. More and more nations in Asia, Africa and Latin America, just emerged from colonial and semi-colonial oppression, rejected the capitalist way and set their sights on socialism.
Capitalism stands exposed as a social system that has brought mankind immense calamities. Exploitation of millions upon millions of working people by a handful of financial and industrial magnates; colonialism, ruthlessly oppressing and decimating the population of the colonies; two world wars, which took tens of millions of human lives, and a third world war being prepared by the ultra-reactionary circles of the capitalist states which threatens mankind with disastrous consequences—such is the face of capitalism as it stands in the dock of history. 
Today’s broad and mighty movement towards socialism is a natural and inevitable process, which explains the tremendous interest we find all over the globe in scientific socialist theory.
This collection of Lenin’s writings gives readers the opportunity to find out about the main propositions of scientific socialism and to understand the transition from pre-Marxian unscientific utopian socialist views to the science worked out by Marx, whose conclusions are backed up by profound and comprehensive theoretical analysis of social relations and have been borne out by the whole course of history.
What then is socialism?
The term was first used by the French utopian socialist Pierre Leroux in 1833. Socialism is a society based on social property in the means of production, without antagonistic classes or exploitation. Visions of such a society had tantalised the minds of men long before Leroux wrote about it, and were a reflection of the passionate protest of the oppressed and exploited masses against their intolerable condition.
Humanity’s best minds—the Englishman Thomas Moore in the 16th century, the Italian Tommaso Campanella in the 17th century, the Frenchmen Henri de Saint-Simon and Charles Fourier, the Englishman Robert Owen and the Russian Alexander Herzen and Nikolai Chernyshevsky in the 19th century—proclaimed the need to restructure society on socialist lines and gave much thought to what it should be like. Many of their projections are naïve and unacceptable in the light of our own day, but they have also made some brilliant predictions.
The weakest side of these utopian socialist doctrines was how to go about realising this social ideal and whether it was at all possible. There the utopian socialists proved to be quite helpless. They held that all the defects of capitalism sprang from private property, and they were quite right. But they had no answer as to how private property came to be established in human society, or how it was to be eliminated. They confined themselves to spreading socialist ideas, appealing to the powers that be, and so on. The main flaw of the utopian socialism was the inability to find the way to socialism and failure to realise that the struggle for socialism must rest on a definite social force. Utopian socialism, said Lenin, “criticised capitalist society, it condemned … it had visions of a better order and endeavoured to convince the rich of the immorality of exploitation. But utopian socialism could not indicate the real solution”.
Where was it to be found? There was only one answer: the forces and means of transforming society were to be sought in society itself. But this required an understanding of the laws which govern society, in general, and capitalist society in particular. 

  1. it was not backed up by theoretical analysis of social relations

  2. it lacked the scientific temperament of Marx and subsequently of Lenin

  3. it was much like the utopian socialism that did not relate to the social needs

  4. it sprang from the protest of the oppressed and exploited against intolerable condition

  5. scientific approach was an anathema to those who were drawn to its false charm

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

It was unscientific as it was not backed up by theoretical analysis of social relations. This is the correct answer.

Multiple choice

Which of the following would appear to be totally out of sync with the present time?

Directions: Answer the given question based on the following passage:

Over one-third of the population of the globe has done away with capitalist social relations and has either built or is building socialism. Progressive forces in all the advanced capitalist countries are working for socialism. More and more nations in Asia, Africa and Latin America, just emerged from colonial and semi-colonial oppression, rejected the capitalist way and set their sights on socialism.
Capitalism stands exposed as a social system that has brought mankind immense calamities. Exploitation of millions upon millions of working people by a handful of financial and industrial magnates; colonialism, ruthlessly oppressing and decimating the population of the colonies; two world wars, which took tens of millions of human lives, and a third world war being prepared by the ultra-reactionary circles of the capitalist states which threatens mankind with disastrous consequences—such is the face of capitalism as it stands in the dock of history. 
Today’s broad and mighty movement towards socialism is a natural and inevitable process, which explains the tremendous interest we find all over the globe in scientific socialist theory.
This collection of Lenin’s writings gives readers the opportunity to find out about the main propositions of scientific socialism and to understand the transition from pre-Marxian unscientific utopian socialist views to the science worked out by Marx, whose conclusions are backed up by profound and comprehensive theoretical analysis of social relations and have been borne out by the whole course of history.
What then is socialism?
The term was first used by the French utopian socialist Pierre Leroux in 1833. Socialism is a society based on social property in the means of production, without antagonistic classes or exploitation. Visions of such a society had tantalised the minds of men long before Leroux wrote about it, and were a reflection of the passionate protest of the oppressed and exploited masses against their intolerable condition.
Humanity’s best minds—the Englishman Thomas Moore in the 16th century, the Italian Tommaso Campanella in the 17th century, the Frenchmen Henri de Saint-Simon and Charles Fourier, the Englishman Robert Owen and the Russian Alexander Herzen and Nikolai Chernyshevsky in the 19th century—proclaimed the need to restructure society on socialist lines and gave much thought to what it should be like. Many of their projections are naïve and unacceptable in the light of our own day, but they have also made some brilliant predictions.
The weakest side of these utopian socialist doctrines was how to go about realising this social ideal and whether it was at all possible. There the utopian socialists proved to be quite helpless. They held that all the defects of capitalism sprang from private property, and they were quite right. But they had no answer as to how private property came to be established in human society, or how it was to be eliminated. They confined themselves to spreading socialist ideas, appealing to the powers that be, and so on. The main flaw of the utopian socialism was the inability to find the way to socialism and failure to realise that the struggle for socialism must rest on a definite social force. Utopian socialism, said Lenin, “criticised capitalist society, it condemned … it had visions of a better order and endeavoured to convince the rich of the immorality of exploitation. But utopian socialism could not indicate the real solution”.
Where was it to be found? There was only one answer: the forces and means of transforming society were to be sought in society itself. But this required an understanding of the laws which govern society, in general, and capitalist society in particular. 

  1. Capitalism as a social system has failed to address the problems of the present day society.

  2. Marxism alone can deliver the present day society from the economic morass it has set into.

  3. Utopian socialism is possible if the ownership of property is withdrawn from private hands.

  4. It is imperative to restructure society on socialist lines and give it a shape to meet the requirements of all.

  5. Progressive forces in all the advanced capitalist countries are working for socialism.

Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

This does not seem to synchronise with the present day needs; hence is the correct answer.

Multiple choice

According to the passage, where does the real solution of the problem lie that utopian socialism could not indicate?

Directions: Answer the given question based on the following passage:

Over one-third of the population of the globe has done away with capitalist social relations and has either built or is building socialism. Progressive forces in all the advanced capitalist countries are working for socialism. More and more nations in Asia, Africa and Latin America, just emerged from colonial and semi-colonial oppression, rejected the capitalist way and set their sights on socialism.
Capitalism stands exposed as a social system that has brought mankind immense calamities. Exploitation of millions upon millions of working people by a handful of financial and industrial magnates; colonialism, ruthlessly oppressing and decimating the population of the colonies; two world wars, which took tens of millions of human lives, and a third world war being prepared by the ultra-reactionary circles of the capitalist states which threatens mankind with disastrous consequences—such is the face of capitalism as it stands in the dock of history. 
Today’s broad and mighty movement towards socialism is a natural and inevitable process, which explains the tremendous interest we find all over the globe in scientific socialist theory.
This collection of Lenin’s writings gives readers the opportunity to find out about the main propositions of scientific socialism and to understand the transition from pre-Marxian unscientific utopian socialist views to the science worked out by Marx, whose conclusions are backed up by profound and comprehensive theoretical analysis of social relations and have been borne out by the whole course of history.
What then is socialism?
The term was first used by the French utopian socialist Pierre Leroux in 1833. Socialism is a society based on social property in the means of production, without antagonistic classes or exploitation. Visions of such a society had tantalised the minds of men long before Leroux wrote about it, and were a reflection of the passionate protest of the oppressed and exploited masses against their intolerable condition.
Humanity’s best minds—the Englishman Thomas Moore in the 16th century, the Italian Tommaso Campanella in the 17th century, the Frenchmen Henri de Saint-Simon and Charles Fourier, the Englishman Robert Owen and the Russian Alexander Herzen and Nikolai Chernyshevsky in the 19th century—proclaimed the need to restructure society on socialist lines and gave much thought to what it should be like. Many of their projections are naïve and unacceptable in the light of our own day, but they have also made some brilliant predictions.
The weakest side of these utopian socialist doctrines was how to go about realising this social ideal and whether it was at all possible. There the utopian socialists proved to be quite helpless. They held that all the defects of capitalism sprang from private property, and they were quite right. But they had no answer as to how private property came to be established in human society, or how it was to be eliminated. They confined themselves to spreading socialist ideas, appealing to the powers that be, and so on. The main flaw of the utopian socialism was the inability to find the way to socialism and failure to realise that the struggle for socialism must rest on a definite social force. Utopian socialism, said Lenin, “criticised capitalist society, it condemned … it had visions of a better order and endeavoured to convince the rich of the immorality of exploitation. But utopian socialism could not indicate the real solution”.
Where was it to be found? There was only one answer: the forces and means of transforming society were to be sought in society itself. But this required an understanding of the laws which govern society, in general, and capitalist society in particular. 

  1. The real solution lay in the capitalist society.

  2. The real solution was to be found in science.

  3. The solution lay in distribution of private property.

  4. The problem lay in society, the solution also lay in society.

  5. The solution had to be found in utopian society itself.

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The solution of the problem lay in the society itself. This adequately answers the question.

Multiple choice

Compared to capitalism, the author’s attitude towards socialism is one of

Directions: Answer the given question based on the following passage:

Over one-third of the population of the globe has done away with capitalist social relations and has either built or is building socialism. Progressive forces in all the advanced capitalist countries are working for socialism. More and more nations in Asia, Africa and Latin America, just emerged from colonial and semi-colonial oppression, rejected the capitalist way and set their sights on socialism.
Capitalism stands exposed as a social system that has brought mankind immense calamities. Exploitation of millions upon millions of working people by a handful of financial and industrial magnates; colonialism, ruthlessly oppressing and decimating the population of the colonies; two world wars, which took tens of millions of human lives, and a third world war being prepared by the ultra-reactionary circles of the capitalist states which threatens mankind with disastrous consequences—such is the face of capitalism as it stands in the dock of history. 
Today’s broad and mighty movement towards socialism is a natural and inevitable process, which explains the tremendous interest we find all over the globe in scientific socialist theory.
This collection of Lenin’s writings gives readers the opportunity to find out about the main propositions of scientific socialism and to understand the transition from pre-Marxian unscientific utopian socialist views to the science worked out by Marx, whose conclusions are backed up by profound and comprehensive theoretical analysis of social relations and have been borne out by the whole course of history.
What then is socialism?
The term was first used by the French utopian socialist Pierre Leroux in 1833. Socialism is a society based on social property in the means of production, without antagonistic classes or exploitation. Visions of such a society had tantalized the minds of men long before Leroux wrote about it, and were a reflection of the passionate protest of the oppressed and exploited masses against their intolerable condition.
Humanity’s best minds—the Englishman Thomas Moore in the 16th century, the Italian Tommaso Campanella in the 17th century, the Frenchmen Henri de Saint-Simon and Charles Fourier, the Englishman Robert Owen and the Russian Alexander Herzen and Nikolai Chernyshevsky in the 19th century—proclaimed the need to restructure society on socialist lines and gave much thought to what it should be like. Many of their projections are naïve and unacceptable in the light of our own day, but they have also made some brilliant predictions.
The weakest side of these utopian socialist doctrines was how to go about realising this social ideal and whether it was at all possible. There the utopian socialists proved to be quite helpless. They held that all the defects of capitalism sprang from private property, and they were quite right. But they had no answer as to how private property came to be established in human society, or how it was to be eliminated. They confined themselves to spreading socialist ideas, appealing to the powers that be, and so on. The main flaw of the utopian socialism was the inability to find the way to socialism and failure to realize that the struggle for socialism must rest on a definite social force. Utopian socialism, said Lenin, “criticized capitalist society, it condemned … it had visions of a better order and endeavoured to convince the rich of the immorality of exploitation. But utopian socialism could not indicate the real solution”.
Where was it to be found? There was only one answer: the forces and means of transforming society were to be sought in society itself. But this required an understanding of the laws which govern society, in general, and capitalist society in particular. (Extracted from the articles and speeches of Lenin on Utopian and Scientific Socialism)

 

  1. biasness

  2. bareness

  3. business

  4. boldness

  5. brazenness

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The author appears to have made up his mind to see only the bright side of socialism and only dark side of capitalism. He is wholly biased towards socialism. This is the correct answer.