Which of the Following Reflects an Assumption That Karl Marx

question 1

Multiple Choice

Which of the following reflects an assumption that Karl Marx and Friedrich Engels made in Source 17.1 that Eduard Bernstein challenges in Source 17.2?

• A) The gradual democratization of political systems will enable worker interests to be addressed,thereby diminishing if not altogether eliminating the possibility of revolution.
• B) The political and economic interests of workers can only be protected when the right to private property is protected by a government committed to eliminating socialism.
• C) The Industrial Revolution has significantly improved the lives of the working class,brought about greater equality between social classes,and weakened communism.
• D) The capitalist system generates a class struggle between a small bourgeoisie and a large proletariat that will inevitably lead to proletariat revolution and the collapse of capitalism.

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Definitions:

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price over a specific period.

Quantity Demanded

The aggregate quantity of a product or service that buyers are prepared and capable of buying at a certain price point.

Equilibrium Price

The cost at which the amount of a product or service that consumers want to buy matches the amount that producers are willing to sell, creating a balanced market situation.

Demand

The quantity of a product or service that consumers are willing and able to purchase at various price levels, at a given point in time.