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Marx argued that class conflict arises in a capitalist system due to the inherent exploitation of the working class by the capitalist class. Capitalists seek to maximize profits by paying workers as little as possible while extracting surplus value from their labor. This unequal power dynamic leads to tension and conflict between the two classes over the distribution of wealth and resources.
What else can I help you with?
What type of economic system does Scotland have?
capitalist
What type of economic system does South Korea have?
Capitalist
What economic system does a capitalist country?
free market
What type of economic system did Romania have in 1900-1910?
A capitalist system.
An economic system where people can start their own business?
The Capitalist Economic System bc it is privately owned
What type of economic system does Greece have?
Greece is a capitalist economy
Which of the following is part of the basis of a capitalist economic system?
a. competition
What is barbados economic system?
Barbados is a democratic capitalist economy.
Economic resources in the capitalist system are brought together by..................?
Entrepreneur's.
Which type of economic system does a capitalist country have?
Free-market
What was the modified capitalist system Lenin used to avoid economic disaster?
Lenin called it the "New Economic Policy." It was more of a modification of the socialist system, which Lenin had imposed on the country than a modification of the former capitalist system.
Modified capitalist system Lenin used to avoid economic disaster?
New economic policy.
