GBA EXAM 2 QUESTIONS & ANSWERS 2023/2024

GBA EXAM 2 QUESTIONS & ANSWERS 2023/2024 Chapter 3(starting at 3.5) - ANSWER- Which of the following did Karl Marx created inequailty and worker exploitation? - ANSWER-Capitalism According to Karl Marx, in a capitailist economy, what type of alientation is a worker experiencing when the worker is forced to work for someone else and make money for the owner of the workplace? - ANSWER-Alientating workers from themselves According to Karl Marx, which of the following best describes the way a society orgaiznes itself so that it can produce goods? - ANSWER-Relations of production Karl Marx claimed that free markets create inequalities and assume that justice means equality or distribution according to need. What argument do critics of Karl Marx use to dispute his claim? - ANSWER-Free markets can encourage community instead of creating alientation. Which of the following best describes a combination of goverment regulation, partially free markets, and limited propety rights? - ANSWER-Mixed Economy Which of the following best describes property that consists of nonphysical objects (i.e. music/information)? - ANSWER-Intellecutual Property Which of the following best describes a copy right? - ANSWER-A specific expression of an idea owned by a person/orgainzation Chapter 4 - ANSWER-