According to karl marx what gives an item its value

Asked by maham237 @ 03/06/2021 in History viewed by 309 People

A.demand for the item
B.Raw Materials that the item is made of
C.labor to create the item
D.capital invested in producing the item

Answered by maham237 @ 03/06/2021

According to Karl Marx, an item has increased value based from the labor to create the item (option C). An item's value is measured objectively based from the number of hours done or required on producing such commodity. For example, if producing shoes takes twice as long as producing pants, then shoes are twice as valuable than pants.

Which statement is supported by the ideas of karl marx

Asked by admin @ 08/11/2021 in English viewed by 279 persons

30 POINTS FOR CORRECT ANSWER! Which statement provides the best summary of Karl Marx's Communist Manifesto? (A)The quickest way to solve society's problems is to erase the differences between rich …

According to marx the have nots in society are the

Asked by admin @ 29/10/2021 in Social Studies viewed by 225 persons

Marx believed society warred between the "haves" and the "have-nots" also known as Group of answer choices A) proletariat and parliament B) upper and lower class C) nobles and peasants …

Explain the concept of karl marx about socialist society

Asked by admin @ 12/08/2021 in Social Sciences viewed by 348 persons

Explain the concept of Karl Marx about socialist society ?

Who was karl marx what was his theory of socialism

Asked by admin @ 02/08/2021 in Social Sciences viewed by 290 persons

Who was Karl Marx ? what is his theory for socialism.

Karl marx would agree with which of the following statements

Asked by maham237 @ 29/05/2021 in History viewed by 308 persons

A. Some private ownership of property is necessary. B. Wealthy landowners should overthrow the business class. C. Communism requires a strong, long-lasting government. or D. Social equality will eliminate the …

What determines the value of an item

Asked by maham237 @ 28/12/2020 in Business viewed by 260 persons

What determines the value of an item? -the amount of goods that are produced -the capital required to build the factory -the unlimited wants of the consumers -the resources consumed …

What determines the value of an item?

Asked by maham237 @ 22/12/2020 in Business viewed by 277 persons

What determines the value of an item? -the amount of goods that are produced -the capital required to build the factory -the unlimited wants of the consumers -the resources consumed …

In what way were karl marx's views different from the socialism advocated by owens and fourier?

Asked by maham237 @ 17/12/2020 in History viewed by 412 persons

Help!!!!!!!!!!!!! In what way were Karl Marx's views different from the socialism advocated by Owens and Fourier? Owens and Fourier believed that the working masses were being exploited by capitalism. …

If you saw a co-worker stealing a small item or giving food to a friend without paying you would:

Asked by wiki @ 29/10/2020 in Business viewed by 447 persons

According to the preamble who gives power to the constitution

Asked by maham237 @ 27/04/2021 in Social Studies viewed by 356 persons

What gives commodity money its value

Asked by maham237 @ 29/12/2020 in Business viewed by 280 persons

What gives commodity money its value? a government’s guarantee of its value the type of material with which it is made its rate of exchange in other countries the ability …