Group of answer choices.
A. The Bourgeoisie
B. The Proletariat
C. Exogamy
D. Artisans
Answer:
B. The Proletariat.
Explanation:
Karl Marx was a German sociologist, economist, philosopher, historian, author and political theorist. Marx was born on the 5th of May, 1818 in Trier, Germany and is famously known for his works on communism and capitalism.
A command economy is also known as planned economy and it can be defined as a type of economy in which the government owns and control the means of production.
Societies that operates a command economy generally practice communism.
Communism is a system of philosophical, political, social organization and economical ideologies that advocates the elimination of private property but a profit-based economy with public ownership of the means of production.
Capitalism is also referred to as a free-enterprise system or free market and can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, a free-enterprise system is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.
Simply stated, a free-enterprise system is a type of economy that is completely driven by demand and supply of goods and services.
The Proletariat are workers who sell their labor in exchange for wages, according to Karl Marx. These class of people were those who do not own their means of production and as such they must labor for others in exchange for wages in order to eke out a living.
Generally, they are considered to belong to the lowest social and economic class in a society; this is described as a universal class according to Karl Marx.
