What Did Karl Marx Predict After Workers Were Exploited Year

question 69

Multiple Choice

What did Karl Marx predict after workers were exploited year after year by the capitalist class?

• A) The capitalist society would synthesize into a classless society.
• B) A strong middle class would emerge.
• C) Workers would abandon their jobs, unionize, and gain the power to negotiate.
• D) Workers would revolt against the bourgeoisie and assume control.

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Definitions:

Cartel Agreement

A formal, explicit agreement among competing firms to control prices, production, and market shares.

Cartelized Market

A market condition where a few suppliers act together to control prices or limit market competition.

Oligopoly

A market structure dominated by a small number of large firms, leading to limited competition and potentially higher prices for consumers.

Effective Collusion

A situation where firms in a market agree to act together instead of competing, often to fix prices or market shares, to maximize their profits.