The Most Significant Difference Between Early Socialists and Marx Was

question 18

Multiple Choice

The most significant difference between early socialists and Marx was

• A) early socialists did not advocate class warfare; Marx did.
• B) early socialists could be religious; Marx believed that religion was simply a tool for exploitation.
• C) early socialists sought the good of the workers; Marx did not.
• D) early socialists did not want to change the existing social order; Marx did.
• E) all early socialist were workers; Marx was an intellectual.

---

Definitions:

Wage Earning

The act of receiving regular compensation for labor or services, typically on an hourly, daily, or piecework basis.

Severe Recession

An extended period of significant decline in economic activity across the economy, marked by high unemployment, low consumer spending, and decreased industrial production.

Permanent Income Hypothesis

A theory suggesting that consumer spending is primarily determined by an individual's long-term income expectations rather than their current disposable income.

Stock Portfolios

Collections of stocks or equities owned by an individual or institution, diversified to manage risk and investment return.