Solved

Marx Predicted That as Production Expands in Capitalist Economies

Question 34

Multiple Choice

Marx predicted that as production expands in capitalist economies:


A) profits will decline and wages will fall, leading to revolution.
B) wages will increase and profits will decline, leading to bankruptcy.
C) profits and wages will both increase, leading to inflation.
D) profits and wages will become irrelevant, as a decent standard of living for all is attained.
E) as profits increase, wages will be increased to produce better goods.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents