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Communism and Karl Marx
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Communism and Karl Marx
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24. Macroeconomic Schools of Thought / Communism and Karl Marx / Problem 9
Problem 9
Evaluate the significance of the labor theory of value in Marx's critique of capitalism.
A
It demonstrates that capitalists are the primary creators of value through investment.
B
It claims that natural resources are the sole contributors to value.
C
It underscores the exploitation of workers by showing that labor is the source of all value.
D
It argues that consumer demand is the main determinant of value.
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