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Samiksha Ambawat
on Oct 13, 2024

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Karl Marx believed in which of the following?

A) Controlling political power was more important than controlling the ownership of capital with respect to dominating a society.
B) In capitalist societies,a business owner makes huge profits by raising workers wages.
C) Whoever controlled a society's labor supply controlled that society.
D) Inevitably there would be a clash between capitalists and workers.

Capitalist Societies

Social systems that rely on private ownership of the means of production and operate on profit and market competition.

Political Power

The ability or authority to influence people's behavior or the course of events, often used within the context of government, organizations, or societies.

Ownership Of Capital

Refers to the holding of assets or wealth by individuals or entities.

  • Compare and contrast different economic systems and theories, including capitalism and Marxism.
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Durai SubbiahOct 19, 2024
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