SOCS 185 TEST BANK MIDTERM AND FINAL EXAM NEWEST 2024 ACTU
EXAM QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIO
NALES (VERIFIED ANSWERS) |ALREADY GRADED A+
Study online at https://quizlet.com/_ethyv7
1. KARL MARX use value
what are the types exchange value
of value? surplus value
2. what is use value? subjective, qualitative measure of some human want or
need (what a commodity is "used for")
3. what is exchange objective, quantitative measure of value of a commodity
value? (and what it is "exchanged for"), based upon quantity of
labor required to produce it
4. what is surplus val- value extracted by capital during production process
ue? 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
5. what is Social- the quantitative measure of exchange value, deter-
ly Necessary Labor mined by the average amount of labor it takes to pro-
Time? duce a certain commodity in a particular society
6. what are the two Concrete Useful Labor and Abstract Labor
types of labor?
7. what is concrete specific or skilled labor, associated with production of
useful labor? use values
8. what is abstract la- general unskilled labor, associated with production of
bor? exchange values or value
9. what is the ex- Use of wage labor to produce commodities by paying
ploitation of labor workers a wage rather than the full value added by the
under capitalism? workers to the product during the labor process
10.
, SOCS 185 TEST BANK MIDTERM AND FINAL EXAM NEWEST 2024 ACTU
EXAM QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIO
NALES (VERIFIED ANSWERS) |ALREADY GRADED A+
Study online at https://quizlet.com/_ethyv7
what is human la- Human labor involves creativity and imagination, even
bor vs. bee labor? if result is poor
Bee labor involves instinctual repetition, often with
beautiful results
11. what are the 4 so- Bourgeoisie - owners of large capitalist enterprises
cial classes? 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
12. what is historical a way of viewing society that emphasizes material pro-
materialism? duction, how we gain our economic sustenance as key
to rest of our social arrangements
13. what is idealism? the belief that ideas are the driving force of change in
human societies
14. what is dialectic? contradiction, clash, or "dialogue" between two polar
opposites. Can be between ideas and society, "ought"
vs. "is," ideal vs. actual, material vs. ideal, internal (men-
tal) vs. external (physical), etc. Often the result of such
a clash is another clash.
15. what is subjective Subjective Marxism: emphasizes human agency and
marxism vs objec- human ability to intentionally alter the course of history
tive marxism? Objective Marxism: emphasizes the ways in which cap-
ital has a "life of its own" and comes to dominate people
(think The Matrix)
16. what is commodity Commodity Fetishism is a form of interaction under
fetishism? industrial capitalism in which the following take place:
human relations as relations between inanimate things,
robbed of their subjectivity
relations between products of labor (commodities) as-
sume a human form, with agency and subjectivity
products of labor hidden underneath a fetish that hides
EXAM QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIO
NALES (VERIFIED ANSWERS) |ALREADY GRADED A+
Study online at https://quizlet.com/_ethyv7
1. KARL MARX use value
what are the types exchange value
of value? surplus value
2. what is use value? subjective, qualitative measure of some human want or
need (what a commodity is "used for")
3. what is exchange objective, quantitative measure of value of a commodity
value? (and what it is "exchanged for"), based upon quantity of
labor required to produce it
4. what is surplus val- value extracted by capital during production process
ue? 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
5. what is Social- the quantitative measure of exchange value, deter-
ly Necessary Labor mined by the average amount of labor it takes to pro-
Time? duce a certain commodity in a particular society
6. what are the two Concrete Useful Labor and Abstract Labor
types of labor?
7. what is concrete specific or skilled labor, associated with production of
useful labor? use values
8. what is abstract la- general unskilled labor, associated with production of
bor? exchange values or value
9. what is the ex- Use of wage labor to produce commodities by paying
ploitation of labor workers a wage rather than the full value added by the
under capitalism? workers to the product during the labor process
10.
, SOCS 185 TEST BANK MIDTERM AND FINAL EXAM NEWEST 2024 ACTU
EXAM QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIO
NALES (VERIFIED ANSWERS) |ALREADY GRADED A+
Study online at https://quizlet.com/_ethyv7
what is human la- Human labor involves creativity and imagination, even
bor vs. bee labor? if result is poor
Bee labor involves instinctual repetition, often with
beautiful results
11. what are the 4 so- Bourgeoisie - owners of large capitalist enterprises
cial classes? 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
12. what is historical a way of viewing society that emphasizes material pro-
materialism? duction, how we gain our economic sustenance as key
to rest of our social arrangements
13. what is idealism? the belief that ideas are the driving force of change in
human societies
14. what is dialectic? contradiction, clash, or "dialogue" between two polar
opposites. Can be between ideas and society, "ought"
vs. "is," ideal vs. actual, material vs. ideal, internal (men-
tal) vs. external (physical), etc. Often the result of such
a clash is another clash.
15. what is subjective Subjective Marxism: emphasizes human agency and
marxism vs objec- human ability to intentionally alter the course of history
tive marxism? Objective Marxism: emphasizes the ways in which cap-
ital has a "life of its own" and comes to dominate people
(think The Matrix)
16. what is commodity Commodity Fetishism is a form of interaction under
fetishism? industrial capitalism in which the following take place:
human relations as relations between inanimate things,
robbed of their subjectivity
relations between products of labor (commodities) as-
sume a human form, with agency and subjectivity
products of labor hidden underneath a fetish that hides
