Marxists Generally Believe That Inequality

question 90

Multiple Choice

Marxists generally believe that inequality:

• A) is a necessary evil within society.
• B) is both necessary and desirable.
• C) is undesirable, and benefits only the wealthy.
• D) will disappear when productivity is increased.

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Definitions:

Behavioral Economists

Experts who study the effects of psychological, social, cognitive, and emotional factors on the economic decisions of individuals and institutions.

Outcome

The result or effect of an action, situation, or economic activity.

Preferences

Individual choices or priorities that influence decision-making in various situations.

Behavioral Economists

Scholars who study the psychological, social, cognitive, and emotional factors affecting the economic decisions of individuals and institutions.