Classical Marxist Analysis Often Argued That Everything Is Ultimately Determined

question 23

Multiple Choice

Classical Marxist analysis often argued that everything is ultimately determined by the economy, even though sometimes it is through many complicated steps. Can economic factors explain racism?

• A) No, almost none of the factors associated with racism can be understood in economic terms.
• B) The link between race and class is very strong, and almost all sociologists accept that race is primarily a way to keep the working class divided.
• C) The link between race and class is useful and important, but it doesn't provide a satisfactory explanation for all forms of racism.
• D) Yes, although the economic origins of racism may be very distant now, ultimately racism began with economic factors.
• E) Yes, it was the need for cheap labor that originally created American racial divisions.

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Definitions:

Cumulative

Describing a total that includes all amounts accumulated over a period of time, often used in the context of dividends that are accrued and paid at a later date.

Nonparticipating

Typically refers to insurance policies or investment plans where the holder does not share in profits or dividends beyond specified benefits.

Par Value

The nominal or face value assigned to a share of stock or a bond by the issuer.

Noncumulative

A type of preferred stock on which dividend payments are not accumulated if they are not declared.