The 'Communist Manifesto' was published in:
Options
A1848
B1905
C1952
D1888
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Introduction to Business EconomicsMTP May 23Question 651 of 209
All Questions Correct Answer
✅ Option a — 1848
All Options:
- A1848
- B1905
- C1952
- D1888
Detailed Solution & Explanation
• The 'Communist Manifesto' is a foundational text in the history of economic and political thought, particularly for understanding socialist and communist ideologies. It was written by Karl Marx and Friedrich Engels.
• This document outlined their theories about the nature of society and politics, arguing that class struggle was the driving force behind historical development. It famously called for a workers' revolution to overthrow capitalism.
• The correct publication year for the 'Communist Manifesto' is 1848. This date is crucial for understanding the historical context of industrialization and the rise of labor movements in Europe, which heavily influenced Marx and Engels's ideas.
• Option (A) 1848 is correct because this is the widely recognized and historically accurate publication date of the 'Communist Manifesto'.
• Option (B) 1905 is incorrect. While 1905 was a significant year for revolutionary movements (e.g., the 1905 Russian Revolution), it is much later than the publication of the Manifesto.
• Option (D) 1888 is also incorrect. This date falls after Marx's death (1883) and well after the initial publication of the Manifesto.
About This Chapter: Introduction to Business Economics
Paper
Paper 4: Business Economics
Weightage
5%
Key Topics
Meaning, Scope, Price Mechanism
This chapter lays the groundwork for understanding Business Economics as a discipline. It covers the meaning, scope, and nature of economics — including key distinctions like Microeconomics vs Macroeconomics, Positive vs Normative economics, and the fundamental economic problem of scarcity. Students learn how businesses use economic principles for decision-making in a competitive marketplace.
View Official ICAI SyllabusExam Strategy Tip
Focus on definitions and distinctions between concepts. Questions often test whether you understand the difference between Micro and Macro, or Positive and Normative statements.
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