Value Judgments

question 64

Multiple Choice

Value judgments

• A)are subjective opinions that cannot be proven.
• B)should be the only basis for establishing public policies.
• C)are the basis for all economic models.
• D)can be tested and verified.
• E)are basically the same for all individuals.

---

Definitions:

Communicative Construction

The process by which social realities are constructed and understood through the use of language and communication.

Significant Ways

Refers to methods or approaches that have a substantial or meaningful impact on achieving an outcome or understanding a concept.

Surplus Value

A Marxist economic concept referring to the difference between the value produced by labor and the actual wage paid to the worker.

Rate of Production

The speed or efficiency at which goods are manufactured or services are provided, usually measured over a specific time period.