Question

who defines classes in terms of their relationship to the instruments of production and distribution of wealth ​

Answer 1

The social means of production are capital goods and assets that require organized collective labor effort, as opposed to individual effort, to operate on. The ownership and organization of the social means of production is a key factor in categorizing and defining different types of economic systems.

Answer 2

Karl Marx defined classes in terms of their relationship to the instruments of production and distribution of wealth.

Explanation:

• His theory on class defines "classes in terms" of their relationship.
• The "social means of production" are assets that require organised and collective efforts which differ from individual efforts to operate.
• By relation of production the meant the relationship between those who actually owns a production and the other set of people who do not.
• The interaction between the "mode of production" and its relations recedes the basis on history. By this he significantly points out to the capitalists and workers.

To know more:

A regular activity concerned with production and distribution of goods and services forprofits. Busines2) Human activities that are conducted for earning money. Caron3) Buying and selling of goods against money or money's worth.4) Activities that remove all the difficulties in trade.5) The type of industries that creates immovable wealth.6) Name the business activity which is concerned with production of goods and services.7) Name the business activity which is concerned with distribution of goods and services8) The activity which provides mobility to men and material.9) An aid to trade which creates time utility.10) An occupation by which a person agrees to provide expert services for a fees.please answer this questions if know it all​

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