Asked by Casey Hulme on Jun 02, 2024

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Marx argued that as the capitalist economy matured:

A) the number of capitalists increased as business opportunities grew
B) the number of workers decreased as the antagonism between workers and capitalists grew
C) the capitalist class grew smaller and richer,while the working class grew larger and poorer
D) the new working class became far wealthier than they had been as serfs
E) none of these choices

Capitalist Economy

A capitalist economy is an economic system where private individuals and businesses own the production and distribution of goods and services, operating for profit in competitive markets.

Antagonism

Active opposition or hostility between individuals or groups, often manifesting in conflicts or competition.

  • Gain an understanding of the notions of social classes and inequalities as explained by Marx and Weber.
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Alise DefoeJun 06, 2024
Final Answer :
C
Explanation :
Marx argued that as the capitalist economy matured, the capitalist class would grow smaller and richer because of the concentration of capital into fewer hands, while the working class would grow larger and poorer due to the exploitation of labor and competition for employment. This is known as the theory of class struggle. So, choice C is the best answer.