How Did Karl Marx Refer to the Group of People

question 57

Multiple Choice

How did Karl Marx refer to the group of people who lacked land and sold their labor?

• A) bourgeoisie
• B) capitalists
• C) industrialists
• D) proletariat

---

Definitions:

Nonrivalry

The idea that one person’s benefit from a certain good does not reduce the benefit available to others; a characteristic of a public good.

Nonexcludability

The inability to keep nonpayers (free riders) from obtaining benefits from a certain good; a characteristic of a public good.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning their use by one person does not reduce availability to others.

Consumption Goods

Products and services that are consumed by the ultimate consumer and do not serve as input for the production of other goods or services.