How Did Ralf Dahrendorf Explain Why Karl Marx's Predictions Never

question 46

Multiple Choice

How did Ralf Dahrendorf explain why Karl Marx's predictions never came true?

• A) Marx placed too much emphasis on the role of interest groups in society.
• B) Marx should have used survey methods in his research rather than observation.
• C) The rise in capitalism led to a system with unequal distribution of wealth based the ownership of land.
• D) A change in working conditions led to the rise of the middle class.

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Definitions:

Transaction Fee

A charge assessed for processing a financial transaction, commonly found in banking and brokerage services.

Gain Or Loss

The financial result of selling an asset or investment for more or less than its purchase price, respectively.

Rate Of Yield

From an investment in stock, the ratio of the dividend to the total cost of the stock.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, usually with fixed dividends.