According to Marx, the source of value is

A Capital
B Land
C Labour
D None of the above

Correct Answer: Labour

The labor theory of value is a major pillar of traditional Marxian economics, which is evident in Marx's masterpiece, Capital (1867). Marx argued that the theory could explain the value of all commodities, including the commodity that workers sell to capitalists for a wage. Marx called this commodity “labor power.”
Bissoy MCQ
#History #World History

Related Questions

Which one of the following theories of Communism is not a Doctrine of Kal Marx?
A Dialectical Materialism
B Historical Materialism
C Class Struggle
D Theory of New Democracy
What is lacking in Karl Marx's criticism
A Modernity and technology changes
B Overall consqueces of industrial development
C technological and social changes
D Criticism of industrial capitalism
In which year, was the first volume of Das Capital by Karl Marx published?
A 1848
B 1859
C 1867
D 1873
When was the first communist manifesto written by Karl Marx and Friedrich Engels
A 1848
B 1859
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D 1890
World renowned philosopher Karl Marx was born in the country
A Austria
B Germany
C Russia
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A Moscow
B London
C Paris
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Marx belonged to
A Germany
B Holland
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If the energy is supplied from a source, whose resistance is 1 ohm, to a load of 100 ohms the source will be
A A voltage source
B A current source
C Both of above
D None of the above
You cannot convert a voltage source to an equivalent current source, or vice versa.
A True
B False
In order to get maximum power transfer from a capacitive source, the load must have an impedance that is the complex conjugate of the source impedance.
A True
B False

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