Identify the individual who was responsible for the development of the communist economic theory which states that government sh
ould control all businesses people should not be paid for their work and all products should be equally distributed among society. Adam smith karl Marx Andrew Carnegie lewis hine
Karl Marx was an influential individual who was responsible for the development of communist economic theory. Karl Mark was annoyed by the class division in the society based on the economic system that classified people as poor and rich. In his theory, he declares that the private ownership of property is the root cause of the class division. According to him, property should be shared, and the government should control the economy.
