Question

. According the social structure of accumulation theory, where do profits come from?

. According the social structure of accumulation theory, where do profits come from?

Homework Answers

Answer #1

According to social structure of accumulation theory, profits come from profit-making activities of individual capitalists.

There is always a corporate pursuit of profit.

There is also labor-saving technological change that creates scope for profit-enhancing innovations resulting in higher profits.

There are basic needs of the citizens. Those needs are fulfilled by production and production is carried out by capitalists and the supply & sale creates avenues for capitalist to make profits from sale.

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