WORLD HISTORY

HISTORY

THE INDUSTRIAL REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Introduced the world to a radical type of socialism, entitled Marxism; argued that human societies have always been divided into warring classes, the rich and the poor.
A
Samuel Slater
B
Karl Marx
C
Michael Luddite
D
Kyle Palmer
Explanation: 

Detailed explanation-1: -In The Communist Manifesto, Marx theorized that economics was the driving force in history. He argued that there was “the history of class struggles” between the “haves” and the “have-nots.” The “haves” had always owned the means of production and thus controlled society and all its wealth.

Detailed explanation-2: -The Marxist definition of socialism is that of production for use-value (i.e. direct satisfaction of human needs, or economic demands), therefore the law of value no longer directs economic activity. Marxist production for use is coordinated through conscious economic planning.

Detailed explanation-3: -Marxism is a left-wing to far-left method of socioeconomic analysis that uses a materialist interpretation of historical development, better known as historical materialism, to understand class relations and social conflict and a dialectical perspective to view social transformation.

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