Question

International officials and business leaders have gathered to discuss free-trade policies. Outside their summit, protesters shout, "People before profits" Whicf of the following economic theory do the activists wanted to align this phrase? A. Adam Smith's unregulated supply and demand. B. John Maynard Keynes's limited government intervention. C. John Maynard Keynes's mixed market forces. D. Karl Marx's collapse of capitalism

Answer 1

D. Karl Marx's collapse of capitalism

Step-by-step explanation:

Karl Marx was a critical economist of the capitalist system of production, which he said would cause social inequalities due to the exploitation of the labor force. Thus Marx's criticism would be that by prioritizing profit, the capitalist system would exploit the working class through intense work routines and low wages. The consequence of this situation would be a class conflict between entrepreneurs and workers. It is in this sense that the phrase "People before profits" .

Answer 2

I think the correct answer from the choices listed above is option D. The economic theory that the activists wanted to align the phrase "People before profits" is the Karl Marx's collapse of capitalism. I was able to take an exam with this and it is the correct answer.