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Describe How the Final Value of an IPhone Must Be

question 60

Essay

Describe how the final value of an iPhone must be equal to the sum of income generated by the production of the iPhone.
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Definitions:

Exploitation And Class

The act of taking advantage of a lower class by an upper class, using their labor for personal gain without fair compensation.

Class Consciousness

The awareness individuals have of their social class and the associated interests, often leading to collective political action.

False Consciousness

A concept in Marxist theory concerning the way in which material, ideological, and institutional processes in capitalist society mislead members of the proletariat.

Antonio Gramsci's

Refers to the theories and ideas of Antonio Gramsci, an Italian Marxist philosopher and political theorist, known for his notions on cultural hegemony and the role of intellectuals in society.

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