Assertion (A) : In most economies, labour is exploited by capitalists.
Reason (R) : The middle class does not exist in society.
In the light of the above statements, choose the most appropriate answer from the options given below :
This question requires evaluating two statements, an Assertion (A) and a Reason (R), regarding economic and social structures.
Assertion (A) states: "In most economies, labour is exploited by capitalists." This is a widely discussed concept in economics, particularly in theories analyzing the relationship between labor and capital. It asserts that the power dynamic often results in capitalists benefiting disproportionately from the labor provided by workers. Within many economic and sociological frameworks, this statement is considered correct.
Reason (R) states: "The middle class does not exist in society." This statement is factually incorrect. The existence of a middle class is a well-established characteristic of most contemporary economies and societies, defined by varying levels of income, education, and occupation.
Based on the analysis:
Therefore, the appropriate choice is the one that identifies (A) as correct and (R) as incorrect. This corresponds to Option C.