Describe the source of income for each of the four main classes under capitalism as described by
Question:
Describe the source of income for each of the four main classes under capitalism as described by Marx. From what are interest, rents, profits, and taxes derived?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
Karl Marx a prominent economist and philosopher outlined the four main classes and their sources of income under capitalism the bourgeoisie the prolet...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Economics An Introduction To Traditional And Progressive Views
ISBN: 9780765616685
7th Edition
Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers
Question Posted:
Students also viewed these Business questions
-
Terry J. Cooke (plaintiff) is the former husband of defendant, Joni Quicker (Joni); defendant Allen John Quicker (John) is Jonis father. In the early 1980s John and Joni began a business distributing...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
What is the VaR Controversy? Define and discuss Value-at-Risk. How is VaR used to limit risk? How does the Monte Carlo Approach operate? What are some of the pros and cons of the different...
-
Grant, Inc., is a well-known U.S. firm that needs to borrow 10 million British pounds to support a new business in the United Kingdom. However, it cannot obtain financing from British banks because...
-
Consider an economy with two possible states of the world and two agents \(a\) and \(b\). Assume that both agents are characterized by a logarithmic utility function \(u(x)=\log (x)\) defined on...
-
Hemlock Semiconductor Operations, LLC, and SolarWorld Industries Sachsen GmbH, are both companies involved in the manufacture of components for solar power products. Prior to the lawsuit, the two...
-
The Meyers Pharmaceutical Company, a drug manufacturer, has the following internal controls for billing and recording accounts receivable: 1. An incoming customer's purchase order is received in the...
-
Circle the most appropriate choice for the most optimized MIPS assembly program to implement the following compound expression applying a fall through technique: if (($t1 < 0) || ($t2 < 0)) {$t3++; }...
-
Explain the labor theory of value and labor as the source of surplus.
-
What is surplus? How does the owner of the means of production calculate his profit?
-
The U.S. government taxes U.S. companies for their overseas profits, but it allows them to deduct from their U.S. taxable income the taxes that they pay abroad and interest on loans funding...
-
Which amongst the following would not form part of cost of equipment? a. Freight charges b. Equipment license c. Cost of installation of the equipment d. Sales tax paid
-
Measurements are recorded based on the scale of the measurement device and by listing one estimated digit. For example: the measurement of the nominal length of an object is obtained by inspecting...
-
E. Consider the following figure, which one of the following demping matrices is correct? MERRSHOTE frn ful O O O O Cyl 0 Col 0 0 Col www. -62 0 0 0 0 for Co 0 Goz Guz 0 (co 0 Cyl 0 wwwwwww wwww 0...
-
A certain machine of mass 200 kg has a shaft that rotates at 1700 rpm. It is known that the machine shows resonance at 900 rpm. An absorber is to be mounted on top of the machine so that the...
-
If A1 = 2, E1 = 1000, and L1 = 10 for element 1, and A2 = 4, E2 = 500, and L2 = 10. If node 1 is constrained, calculate the reduced global stiffness matrix.
-
Calculate the total wages earned for each employee assuming an overtime rate of time and a half over 40hours. Employee Lucky Mars Pam Valley Louis Jones Hourly Rate $17 $16 $20 No. of Hours Worked 39...
-
The percentage of completion and completed contract methods are described in the FASB ASC. Search the codification to find the paragraphs covering these topics, cite them, and copy the results.
-
In what sense is a reinvestment rate assumption embodied in the NPV, IRR, and MIRR methods? What is the assumed reinvestment rate of each method?
-
Suppose a firm is considering two mutually exclusive projects. One has a life of 6 years and the other a life of 10 years. Would the failure to employ some type of replacement chain analysis bias an...
-
Your division is considering two investment projects, each of which requires an up-front expenditure of $15 million. You estimate that the investments will produce the following net cash flows: What...
-
Accountants use the worksheet to organize and complete adjustments for all but one of the following events: Depreciation on equipment. Revenue eamed and recorded in the current period. Supplies on...
-
describe the social contract implied or guaranteed to citizens by the establishment of immigration laws of discrimianition, saftey and education ?
-
Question No 2: Among a large group of patients recovering from shoulder injuries, it is found that 25% visit both a physical therapist and a chiropractor, and 85% visit at least one of these. The...
Study smarter with the SolutionInn App