ECONOMICS
ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -proletariat, the lowest or one of the lowest economic and social classes in a society. In ancient Rome the proletariat consisted of the poor landless freemen. It included artisans and small tradesmen who had been gradually impoverished by the extension of slavery.
Detailed explanation-2: -Marx defined the proletariat as the social class having no significant ownership of the means of production (factories, machines, land, mines, buildings, vehicles) and whose only means of subsistence is to sell their labor power for a wage or salary.
Detailed explanation-3: –ē-ˌat. Synonyms of proletariat. : the laboring class. especially : the class of industrial workers who lack their own means of production and hence sell their labor to live. : the lowest social or economic class of a community.