Marx Argued That When Workers Are Paid Less Than the Value

question 101

Multiple Choice

Marx argued that when workers are paid less than the value of their labor, this exploitation results in __________ , a feeling of powerlessness and estrangement from other people and from oneself.

• A) class conflict
• B) alienation
• C) anomie
• D) bourgeoisie

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Definitions:

Double Taxation

The imposition of taxes on the same income, asset, or financial transaction at two different levels, such as corporate earnings and shareholder dividends.

Proprietorship

A business owned and operated by an individual, where the owner is personally responsible for the business's debts.

Limited Liability

Limited liability is a legal structure that restricts investors' or owners' personal responsibility for a company’s debts and losses to the extent of their investment.

Potential Sales

The estimated total sales revenue that a company could theoretically achieve in a market under ideal conditions.