ECON 205 Questions and Answers Grade A+ 2023
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According to Karl Marx, a proletarian is: - -A member of the working class. -According to Marx, a bourgeois is: - -An owner of productive capital. -In the long run under capitalism Marx thinks t... hat workers' wages will: - -Be roughly equal to the cost of surviving. -True or false: Marx believes that if the police knew how capitalist employers were treating their employees, they would take action to punish the bosses. - -False -Marx thinks that capitalists are able to exploit workers because: - -They own the productive resources, and without access to these resources it is impossible to make a living. -When Marx introduces the notion of "class consciousness," what does he mean? - -Workers will come to see themselves as a single social group with unified interests opposed to those of the capitalists. -In the video lectures for this module it was emphasized that not only does capitalism involve rights of private property and free markets, but also that - -it is a social system in which one class of persons (the capitalists) oppress another class of persons (the proletariat). -According to Marx, capitalism sows the seeds of its own destruction. - -True [Show More]
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