Final answer:
Khrushchev meant that the working class would bring about the downfall of the Capitalist system. He made this speech during the 20th Congress of the Communist Party of the Soviet Union, criticizing the United States and predicting the rise of the working class.
Step-by-step explanation:
In his famous quote, Khrushchev meant that the working class would bring about the downfall of the Capitalist system. He was emphasizing that the Western countries would be defeated by their own internal conflicts and struggles. Khrushchev clarified that he did not mean to physically bury the West with a shovel, but rather that their own working class would dismantle the capitalist system.
Khrushchev made this speech on August 24, 1956, during the 20th Congress of the Communist Party of the Soviet Union. His remarks were part of a series of speeches where he reaffirmed his criticism of the United States and predicted the rise of the working class against the capitalist system.