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JAMB Government 2023 Objective — Question 6

Question 6 of 40 from the Joint Admissions and Matriculation Board (JAMB) Government 2023 Objective paper, with the correct answer and a full explanation.

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The central point of capitalism as expounded by Karl Marx is that

  • A. capitalists' profit is the surplus value obtained from workers' labourCorrect
  • B. workers are inherently incapable of being owners of their labour
  • C. capitalists shall always increase workers' earning capacity through wages
  • D. capitalists shall always readily share profits

Explanation

Marx argued that capitalists' profit is the surplus value extracted from workers' labour.

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