WORLD HISTORY

Detailed explanation-1: -The bourgeoisie or capitalists are the owners of capital, purchasing and exploiting labour power, using the surplus value from employment of this labour power to accumulate or expand their capital.

Detailed explanation-2: -In capitalism, the bourgeoisie-sometimes called the capitalists-own the means of production. They are the owners of capital and are able to acquire the means of creating goods and services-such as natural resources, or machinery.

Detailed explanation-3: -The proletariat are people who earn a wage for a living, especially people who are dependent on manual, daily, or casual labor. The bourgeoisie are those who make their living through property or through ownership of the means of production.

Detailed explanation-4: -Class structure of capitalism. In Marxist theory, the capitalist stage of production consists of two main classes: the bourgeoisie, the capitalists who own the means of production, and the much larger proletariat (or ‘working class’) who must sell their own labour power (See also: wage labour).