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What do regions that produce a surplus of goods needed elsewhere exhibit?
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The difference between what the workers produce and what they earn is surplus value?
Surplus value is the difference between the value that workers produce and what they are paid in wages.
What is one reason that the secondary mortgage market is important to the national economy?
facililtates the movement of captial from surplus regions to low captial regions
What is the difference between marketable surplus and marketed surplus?
The principal difference is time perspective: marketable surplus is produce that a farmer currently has on hand to take to market to earn a profit, while marketed surplus is what she has already taken to market to earn a profit.
What did Marx call the difference between what the workers produce and what they earn?
Surplus value.
Irrigation increased the amount of food farmers were able to produce resulting in a food surplus or less that they needed?
It resulted in a food surplus, which produced more than they needed, resulting in the ability to sell a lot of their crops to others that needed those farmer's produce.
What did Marx call me differences between what the workers produce and what they earn?
Marx referred to the difference between what workers produce and what they are paid as "surplus value." This surplus value is captured by the capitalist as profit, leading to exploitation of the workers according to Marx's theory of surplus labor.
The difference between what the workers produce and what they earn is surplus value?
Surplus value is the difference between the value that workers produce and what they are paid in wages.
Why did the Indus valley trade?
So that they could swap goods they had in surplus for goods they needed from elsewhere.
Where did farmers trade their surplus farm produce?
cheetos
What did the rivers do in Africa?
They were used for trading with other regions, food, and water surplus.
What is one reason that the secondary mortgage market is important to the national economy?
facililtates the movement of captial from surplus regions to low captial regions
What economic activity is most likely to produce a surplus?
A commercial or logo.
What did Marks call the difference between what the workers produce and what they earn?
Surplus.
A necessary precondition for a neolithic village to become a civilization in prehistory was the?
development of agriculture and the ability to produce surplus food.
What is the difference between marketable surplus and marketed surplus?
The principal difference is time perspective: marketable surplus is produce that a farmer currently has on hand to take to market to earn a profit, while marketed surplus is what she has already taken to market to earn a profit.
What did Marx call the difference between what the workers produce and what they earn?
Surplus value.
Which place depended on annual flooding to produce a constant surplus of food?
Egypt
