Question

True or False, no explanation needed. thank you!

QUESTION 63

1. According to Marx's "exploitation" theory, workers do not receive the "full value" of their labor because capitalists earn profit (that is, surplus value) rather than the "replacement rate" to pay for costs of capital.

QUESTION 64

1. Marx believed that a society could transition directly from capitalism into communism without the need for any intermediate stage in between; a "dictatorship of the proletariat" would be unnecessary.

QUESTION 65

1. According to Marx, socialism is a lower stage of communism. The end-state goal of socialism is to achieve communism, which is a stateless and moneyless society that has no need for the division of labor.

QUESTION 66

1. Russia in 1917 was not as economically advanced as Germany was in 1848, which explains why the early experiment with communism in the Soviet Union failed.

QUESTION 67

1. In contrast to the party line of the Bolshevik party under Lenin, factions such as the Left Opposition and the Workers' Opposition were against party control over the soviets (note: a "soviet" was a workers' council in Russia).

QUESTION 68

1. Lenin did not reintroduce limited markets after nationalizing major agricultural and industrial sectors. The socialist system they set up worked well and did not result in rampant shortages and misallocation of resources.

QUESTION 69

1. During the "scissors" crisis, state firms demanded high prices for manufactured goods that farmers needed while purchasing crops at low prices. However, this divergence was not enough to deter farmers from selling their crops, so there were no fears of famine.   

QUESTION 70

1. Due to the existing party structure and underlying economic problems that the Soviet Union faced, it is likely that whoever rose to power after Lenin's death would have implemented policies similar to those implemented by Stalin

Answer 1

QUESTION 63

1. According to Marx's "exploitation" theory, workers do not receive the "full value" of their labor because capitalists earn profit (that is, surplus value) rather than the "replacement rate" to pay for costs of capital.
   TRUE

QUESTION 65

1. According to Marx, socialism is a lower stage of communism. The end-state goal of socialism is to achieve communism, which is a stateless and moneyless society that has no need for the division of labor.
   TRUE

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