Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:QUESTION 1
A class society exists if producers of the surplus product do not control it.
O True
O False
QUESTION 2
In political economy, class refers to:
O A. A group with
common position with respect to the production and control of the surplus product.
O B. A group with a particular level of income.
O C. A group with a certain standard of living.
O D.A group with a common racial or ethnic background.

Transcribed Image Text:QUESTION 3
Which of the following is considered a class society?
O A. Communal equality
O B. Feudalism
O C. Slavery
O D. Both B) and C)
QUESTION 4
Which of the following is NOT an aspect of the definition of class relationship?
O A. Vertical or hierarchical relationship
O B. Relationship to a labor process
O C.A class cannot exist by itself
O D. Division between workers and consumers
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