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24. Macroeconomic Schools of Thought
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Problem 15
24. Macroeconomic Schools of Thought
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22. Macroeconomic Schools of Thought / Communism and Karl Marx / Problem 14
Problem 14
What did Marx predict as a long-term consequence of capitalism, and how does it relate to the potential for a working-class rebellion?
A
Power consolidation among few firms leads to economic inequality, sparking rebellion.
B
Technological advancements lead to job creation, reducing the chance of rebellion.
C
Increased competition among firms leads to lower prices, preventing rebellion.
D
Government intervention in markets leads to stability, avoiding rebellion.
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