Karl Marx used which word for factory owning middle class ?
Bourgeoisie
Karl Marx, a renowned philosopher, economist, and sociologist, developed theories about class struggle within capitalist societies. His work, particularly "Das Kapital" and "The Communist Manifesto" (co-authored with Friedrich Engels), introduced key terms to describe the main social classes.
Marx argued that under capitalism, society is primarily divided into two major classes based on their relationship to the means of production. The means of production include things like factories, land, tools, and raw materials used to produce goods and services.
The question asks for the word Karl Marx used for the "factory owning middle class". In Marxist theory, the class that owns and controls the means of production, such as factories, capital, and land, is the dominant class in a capitalist society.
Let's examine the options:
Based on Marx's theories, the class that owns the factories and the means of production is the Bourgeoisie. They are the capitalists who employ the Proletariat (the workers).
Therefore, the word Karl Marx used for the factory owning class (often considered the capitalist or middle class in this context) is Bourgeoisie.
In summary, Marx saw the core conflict in capitalism as being between the Bourgeoisie (the owners) and the Proletariat (the workers).
| Term | Description (According to Marx) | Relation to Means of Production |
|---|---|---|
| Bourgeoisie | The capitalist class; owners of capital, factories, etc. | Owns the means of production |
| Proletariat | The working class; wage laborers | Does not own the means of production; sells labor power |
Karl Marx's analysis of class was foundational to his critique of capitalism. He believed that the relationship between these classes was inherently exploitative, as the Bourgeoisie profited from the labor of the Proletariat by paying them less than the value they created.
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(iii) Acceleration of Economic Growth and Industrialisation
(iv) Availability of Sufficient Funds for Investment in the Public Sector.
Choose the correct answer from the code given below:
The industrial revolution first occurred in ________