According to sociologists Joe Feagin and Robert Parker,______________refers to the profits that industrialists,developers,bankers,and others make from buying,selling,and developing land and buildings.
A)use value
B)structure
C)agency
D)exchange value

Question

Quizplus · Accepted Answer

Feagin and Parker define exchange value as the profits made from buying, selling, and developing land and buildings, which matches the description given in the question. Therefore, the answer is D) exchange value. A) use value refers to the usefulness of a commodity or good, B) structure refers to the overarching patterns and organization of society and social systems, and C) agency refers to the ability of individuals and groups to act and make choices. None of these concepts specifically refer to profits made from real estate development.

According to Sociologists Joe Feagin and Robert Parker,______________refers to the Profits