The Marxist Critique of Capitalism Was Based on the Notion

question 129

Multiple Choice

The Marxist critique of capitalism was based on the notion that:

• A) a capitalist system ignored traditional class roles.
• B) efficient allocation of resources was not a worthwhile goal.
• C) the proletariat class exploited the capitalist class, which created all the value inherent in goods.
• D) the capitalist class exploited the proletariat class, which created all the value inherent in goods.

---

Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers.

Income

The financial return or earnings from employment, investments, or business ventures.

Income Effect

The change in consumption that results from a change in real income, holding prices constant.

College Textbooks

Books prescribed by college educators that contain the necessary subject matter for students enrolled in college courses.