Karl Marx, in Contrast to the Views Espoused by Adam

question 57

Multiple Choice

Karl Marx, in contrast to the views espoused by Adam Smith, __________.

• A) argued that a market exchange and competition would bring prosperity and high wages to all segments of society
• B) offered a gloomier picture of industrial societies by suggesting that a market economy would bring about misery for millions of people
• C) suggested that the best way to have a free, democratic, and prosperous society was for the government to take control of the land, resources, and production
• D) felt that forager, horticulturalist, and pastoralist societies could all be transformed into modern market economy states within 10 to 15 years

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Definitions:

Gender Inequality Index

Measure of three key components of women’s lives, including reproductive health, empowerment, and labor market status.

Reproductive Health

A state of complete physical, mental, and social well-being in all matters relating to the reproductive system, allowing people to have a satisfying and safe sex life and the capability to reproduce.

Labor Market

The labor market is the supply and demand for labor, where employees provide the supply and employers provide the demand.

Double Deprivation

A situation where individuals or groups experience exclusion or disadvantage across more than one social, economic, or environmental dimension simultaneously.