Karl Marx describes capitalist systems as “exploitive.” Briefly describe the main feature of capitalism that Marx uses to explains this—who exploits whom, and how?
What will be an ideal response?
In Marx’s explanation, capitalists exploit proletariat. The capitalists are the owners of the means of production and they exploit the proletariat, who are the workers. The proletariat doesn’t own anything except their own labor, which they sell to the capitalists. Basically, the workers make everything, but the capitalists reap all the rewards, a/k/a make all the profits, even though they barely do anything.
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In the country of Zuri, all industries and institutions of economic production are privately owned. With free competition among producers and consumers, profit-making is the main target. Which of the following types of economies is prevalent in Zuri?
a. command economy b. mixed economy c. socialist economy d. capitalist economy
If we say that somebody is getting gray hair, wrinkled skin, and is becoming forgetful, we are using which age criterion?
a. Chronological b. Functional c. Sequential d. Normative
In a certain industry, two large producers have just merged to form a much larger company. What indicator is most likely to reflect this change?
a. the unemployment rate b. the balance of trade deficit c. the labor force participation rate d. the occupational prestige scores e. the four-firm concentration ratio
Which concept is involved when a plant supervisor wants to be a good friend and confidant to the workers, but must remain distant in order to rate the workers' performances?
a. Role conflict
b. Role strain
c. Role ambiguity
d. Role exit