History, asked by fhcxhvkdshffgk, 9 months ago

what is karl Marx theory​

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Answered by MsBombshell
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—(••÷ Answer ÷••)—

꧁Like the other classical economists, Karl Marx believed in the labor theory of value to explain relative differences in market prices. This theory stated that the value of a produced economic good can be measured objectively by the average number of labor-hours required to produce it.꧂

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