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‘From each according to his capacity, to each according to his need’ is the maxim of

ACapitalism

BSocialism

CCommunism

DCo-operation

Answer:

C. Communism

Read Explanation:

  • The phrase "From each according to his capacity, to each according to his need" is a key principle of communism. It reflects the idea that individuals contribute to society based on their abilities and receive resources based on their needs.

  • Socialism also focuses on redistribution and equality, but this specific maxim is more closely associated with the ideals of communism, particularly as envisioned by Karl Marx.


Related Questions:

What are the problems faced by the socialist economy?.List out from the following:

i.The public sector's investment potential is less and this affects economic growth adversely.

ii.In the absence of private ownership of wealth and transfer of wealth to the legal heir, people are less likely to work hard.

iii.Moreover, the consumers have only a limited choice of products.

Which economy has a co-existence of private and public sectors ?
സമൂഹത്തിൽ സാമ്പത്തിക അന്തരം വർദ്ധിക്കാനിടയാക്കുന്നത് ഏത് സമ്പദ്‌വ്യവസ്ഥയിലാണ് ?
സാമ്പത്തിക പ്രവർത്തനങ്ങളിൽ സർക്കാർ ഇടപെടലുകൾ വളരെ കുറവായിട്ടുള്ള സമ്പദ്‌വ്യവസ്ഥ ഏത് ?
ക്രമസമാധാനപാലനം, വൈദേശിക ആക്രമണങ്ങളെ പ്രതിരോധിക്കൽ എന്നിവയിലേക്ക് മാത്രമായി രാഷ്ട്രത്തിൻ്റെ ചുമതലകൾ ചുരുങ്ങുന്നത് ഏത് സമ്പദ്‌വ്യവസ്ഥയിലാണ് ?