Marx Argued That the Distinction Between People in a Social

question 47

Multiple Choice

Marx argued that the distinction between people in a social hierarchy was based on _____. This was part of Marx's concept of _____

• A) ownership of the means of production ; economic determinism.
• B) class ; social capital.
• C) income level ; economic determinism.
• D) ownership of the means of production ; social capital.

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Definitions:

Capital Source

The origins of the funds or assets that are invested in a business or project.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning they can be used by multiple people without depleting the supply.

Provision

A specified amount set aside for future expenses or reductions in asset value, typically used in accounting and financial reporting.

Public Good

This refers to goods or services distributed to all societal members at no cost, courtesy of either public institutions or nonprofit private entities.