According to Marx how did capitalists earn profit from workers?
Answer and explanation
Correct answer: By paying workers less than the value created by their labour
According to Marx, workers created value through their labour, but capitalists did not pay them wages equal to the full value they produced. Capitalists kept the difference between the value created and the wages paid as profit; Marx linked this to exploitation of labour. Option B is the opposite of Marx’s argument, since capitalist control over the means of production was central to his critique. Exam tip: Remember Marx’s idea of profit as the gap between value created by labour and wages paid.
Frequently asked questions
What is the correct answer to this question?
By paying workers less than the value created by their labour
Why is this the correct answer?
According to Marx, workers created value through their labour, but capitalists did not pay them wages equal to the full value they produced. Capitalists kept the difference between the value created and the wages paid as profit; Marx linked this to exploitation of labour. Option B is the opposite of Marx’s argument, since capitalist control over the means of production was central to his critique. Exam tip: Remember Marx’s idea of profit as the gap between value created by labour and wages paid.
Which subject and chapter does this question cover?
This is a Class 9 History question. Chapter: Socialism in Europe and the Russian Revolution. Topic: The Age of Social Change.
Student feedback
Was this question useful?
👍 0 Helpful 👎 0 Not helpful
Yes 0% No 0%
0 responsesStudent Reviews
No published reviews yet.
