Question

Assertion [A]: Vladimir Lenin, the Russian revolutionary politician and the founder of Russian Communist Party said that imperialism is the highest stage of capitalism.

Reason [R]: The colonies not only served as the major source for raw materials but also became the market for finished goods.

• A. [A] is true but [R] is false.
• B. [A] and [R] are true and [R] is the correct justification for [A].
• C. [A] and [R] are false.
• D. [A] and [R] are true but [R] is not the correct justification for [A].

Answer 1

The correct option is D [A] and [R] are true but [R] is not the correct justification for [A].

Vladimir Lenin, the Russian revolutionary politician and the founder of Russian Communist Party once said that imperialism is the highest stage of capitalism. The colonies not only served as the major source for raw materials but also became the market for finished goods. This resulted in fierce competition among the capitalist countries to control the source of raw materials and the markets for finished goods.