According to Karl Marx,the working class in industrialized countries would remain poor and live near subsistence level.Marx was right about the persistence of poverty in industrialized countries,but he was wrong in thinking that
A) there would be very few poor people in most industrialized countries.
B) most people would own the means of production collectively in capitalist countries.
C) the income of most of the population would remain extremely low.
D) industrial capitalism would decrease the wealth and income gap.

Question

Quizplus · Accepted Answer

Marx was wrong in thinking that the income of most of the population would remain extremely low. In many industrialized countries, the standard of living has increased significantly, and the income of the working class has risen over time, contrary to Marx's prediction.

According to Karl Marx,the Working Class in Industrialized Countries Would