According to Marx, the source of value is
A. Capital
B. Land
C. Labour
D. None of the above
Answer: Option C
Solution(By Examveda Team)
The labor theory of value is a major pillar of traditional Marxian economics, which is evident in Marx's masterpiece, Capital (1867). Marx argued that the theory could explain the value of all commodities, including the commodity that workers sell to capitalists for a wage. Marx called this commodity “labor power.”Related Questions on World History
During the First World War, which country signed the Peace Treaty (1917) with Germany
A. England
B. USA
C. Russia
D. Austria
When did United Kingdom declared war on Germany which lead to World War II?
A. 4th April 1939
B. 18th August 1939
C. 28th August 1939
D. 3rd September 1939
The immediate cause for the outbreak of the first World War was
A. The assassination of Archduke Francis Ferdinand
B. The imprisonment of Lenin
C. The ambition of America to dominate the world
D. The sudden death of Lloyd George
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