Karl Marx Believed in All of the Following,except

question 214

Multiple Choice

Karl Marx believed in all of the following,except

• A)controlling political power was more important than controlling the ownership of capital with respect to dominating a society.
• B)in capitalist societies,a business owner makes huge profits by exploiting his workers.
• C)one's social consciousness was determined by one's relationship to the means of production.
• D)inevitably there would be a clash between capitalists and workers.

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Definitions:

Money Market Account

An account that pays a higher interest rate than other types of accounts, but usually requires a higher initial deposit and a higher minimum balance often with a limit on the number of transactions per month.

Statement Savings Account

A statement savings account is a type of savings account that provides the account holder with periodic statements, detailing transactions and balances.

Compounded Continuously

The theoretical concept where the interest on an investment is calculated and added to the principal continuously, leading to exponential growth.

Compounded Annually

Interest on an investment that is calculated once per year, taking into account the interest that has accumulated up to that point.