Scenario: Learning the American Way
Sergei Chernovl is a Russian exchange student.To learn more about how a market economy functions,Sergei is conducting research comparing businesses in Russia with businesses in the United States.
-Sergei believes that it is important to know the origin of the economic system in each country.He learns that the idea of central economic planning that was practiced in Russia,was popularized in the nineteenth century by ________.

Question

Quizplus · Accepted Answer

Karl Marx is known for popularizing the idea of central economic planning, particularly in his work "Das Kapital." Peter Drucker is known for his work on management theory, Frederick Taylor for his work on scientific management, and Abraham Maslow for his work on humanistic psychology, none of which are directly related to the economic systems in Russia or the United States.