The common belief that the exchange of commodities is merely a set of relations among things , rather than social relations among human individuals" Marx called
the relations of production |
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alienation |
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the fetishism of commodities |
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exploitation |
QUESTION 2
Karl Marx worked closely with
Thomas Robert Malthus |
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David Ricardo |
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Friedrich Engels |
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JB Say |
QUESTION 3
The efficiency outcome of neoclassical economics is based on the distribution of income that exists.
true |
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false |
Answer 1= correct option is C
Comman belief that the exchange of commodities is merely a set of relations among things rather than social relations among human individuals Marx called it as the fetishism of commodities
Answer 2 = correct option is C
Karl marx worked closely with Friedrich Engels
Answer 3 = True
Reason - Neoclassical theory is an approach which focuses on determination goods and services , output and distribution of income through demand and supply in the market. So its efficiency outcome is based on distribution of income which exists
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