The economic system in which conflict is inevitable because it is in the interest of the ruling class to exploit the working class and in the interest of workers to overcome that exploitation is called:
A) socialism
B) Marxism
C) feminism
D) communism
E) capitalism

Question

Quizplus · Accepted Answer

Capitalism is an economic system in which the means of production are privately owned and operated for profit. This system is based on the idea that competition will lead to innovation and efficiency, and that the pursuit of self-interest will benefit society as a whole. However, capitalism also has a tendency to create conflict between the ruling class, who own the means of production, and the working class, who sell their labor for wages. This conflict is inevitable because it is in the interest of the ruling class to exploit the working class in order to maximize their profits, and in the interest of the working class to overcome that exploitation in order to improve their living standards.

The Economic System in Which Conflict Is Inevitable Because It