Question

Profits produced by the laboring classes are accrued by business owners who use these profits for reinvestment or to enrich themselves. This key crime-producing effort of modern corporate capitalism is termed _______.

A. excess abundance
B. surplus value
C. profit distribution
D. differential wealth

Answer 1

The correct answer is letter "B": surplus value.

Step-by-step explanation:

German philosopher Karl Marx (1818-1883), defined surplus value as the value created by workers' labor excess that was appropriated by the company owners or "capitalists" whenever the products manufactured were sold. Marx believed the source of economic value was human labor. In such a case, capitalists would exploit workers to appropriate their surplus-value.