100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
SOCS 185 TEST BANK MIDTERM UPDATED ACTUAL Questions and CORRECT Answers $10.49   Add to cart

Exam (elaborations)

SOCS 185 TEST BANK MIDTERM UPDATED ACTUAL Questions and CORRECT Answers

 1 view  0 purchase
  • Course
  • SOCS 185
  • Institution
  • SOCS 185

SOCS 185 TEST BANK MIDTERM UPDATED ACTUAL Questions and CORRECT Answers KARL MARX what are the types of value? - CORRECT ANSWER- use value exchange value surplus value what is use value? - CORRECT ANSWER- subjective, qualitative measure of some human want or need (what a commodity is "...

[Show more]

Preview 2 out of 13  pages

  • October 27, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • SOCS 185
  • SOCS 185
avatar-seller
MGRADES
SOCS 185 TEST BANK MIDTERM
UPDATED ACTUAL Questions and
CORRECT Answers
KARL MARX

what are the types of value? - CORRECT ANSWER✔✔- use value
exchange value
surplus value


what is use value? - CORRECT ANSWER✔✔- subjective, qualitative measure of some
human want or need (what a commodity is "used for")


what is exchange value? - CORRECT ANSWER✔✔- objective, quantitative measure of
value of a commodity (and what it is "exchanged for"), based upon quantity of labor required
to produce it


what is surplus value? - CORRECT ANSWER✔✔- value extracted by capital during
production process by not paying the workers the full value of their labor in terms of how
much value the added to the product through their work; using this "surplus labor time" as the
eventual source of profit.... IMAGINE a worker is paid 10 dollars an hour to work a machine
that gives the capitalist 40 dollars of work...-20 for costs so capitalist= 10 dollars of
SURPLUS VALUE... think added value


what is Socially Necessary Labor Time? - CORRECT ANSWER✔✔- the quantitative
measure of exchange value, determined by the average amount of labor it takes to produce a
certain commodity in a particular society


what are the two types of labor? - CORRECT ANSWER✔✔- Concrete Useful Labor and
Abstract Labor


what is concrete useful labor? - CORRECT ANSWER✔✔- specific or skilled labor,
associated with production of use values

, what is abstract labor? - CORRECT ANSWER✔✔- general unskilled labor, associated with
production of exchange values or value


what is the exploitation of labor under capitalism? - CORRECT ANSWER✔✔- Use of wage
labor to produce commodities by paying workers a wage rather than the full value added by
the workers to the product during the labor process


what is human labor vs. bee labor? - CORRECT ANSWER✔✔- Human labor involves
creativity and imagination, even if result is poor
Bee labor involves instinctual repetition, often with beautiful results


what are the 4 social classes? - CORRECT ANSWER✔✔- Bourgeoisie - owners of large
capitalist enterprises
Proletariat - modern working class, mainly in factories
Peasantry -- rural laboring class, in situation of serfdom under European feudalism
Aristocracy (Lords) -- large landowners, more dominant under precapitalist societies like
feudalism


what is historical materialism? - CORRECT ANSWER✔✔- a way of viewing society that
emphasizes material production, how we gain our economic sustenance as key to rest of our
social arrangements


what is idealism? - CORRECT ANSWER✔✔- the belief that ideas are the driving force of
change in human societies


what is dialectic? - CORRECT ANSWER✔✔- contradiction, clash, or "dialogue" between
two polar opposites. Can be between ideas and society, "ought" vs. "is," ideal vs. actual,
material vs. ideal, internal (mental) vs. external (physical), etc. Often the result of such a
clash is another clash.


what is subjective marxism vs objective marxism? - CORRECT ANSWER✔✔- Subjective
Marxism: emphasizes human agency and human ability to intentionally alter the course of
history
Objective Marxism: emphasizes the ways in which capital has a "life of its own" and comes
to dominate people (think The Matrix)

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller MGRADES. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $10.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

84866 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$10.49
  • (0)
  Add to cart