According to Marx, capitalistic society is divided into two social classes - the bourgeoisie and the Question 7 2 pts Socialism is not synonymous with communism

Step-1) The main classes in capitalism are the bourgeoisie and the proletariat. However, other classes such as landlords, petty bourgeoisie, peasants, and lumpenproletariat also exist, but are not primary in terms of the dynamics of capitalism.

Step-2) The socialist mode of production, also referred to as the communist mode of production, the lower-stage of communism or simply socialism.

As per the opinion of  Karl Marx and Friedrich Engels used the terms communism and socialism interchangeably is a specific historical phase of economic development and its corresponding set of social relations that emerge from capitalism.

Therefore the correct option is "True"