Which social class is characterized as the upper segment with access to the means of production?

Explore NMAT Social Sciences Test. Study with interactive questions, flashcards, and answer explanations to excel in your exam!

Multiple Choice

Which social class is characterized as the upper segment with access to the means of production?

Explanation:
In Marxist terms, the group with access to the means of production—the factories, land, and capital that generate wealth—forms the upper segment of society. This is the bourgeoisie, the capitalist class that owns productive assets and wields economic and political power because of that ownership. The opposite group, the proletariat, consists of workers who must sell their labor since they don’t own productive assets. The term estate comes from feudal-era social hierarchies and isn’t used to describe modern ownership of production, while class systems is a broad idea of social layering without naming who controls production. So, the upper segment characterized by owning the means of production is the bourgeoisie.

In Marxist terms, the group with access to the means of production—the factories, land, and capital that generate wealth—forms the upper segment of society. This is the bourgeoisie, the capitalist class that owns productive assets and wields economic and political power because of that ownership. The opposite group, the proletariat, consists of workers who must sell their labor since they don’t own productive assets. The term estate comes from feudal-era social hierarchies and isn’t used to describe modern ownership of production, while class systems is a broad idea of social layering without naming who controls production. So, the upper segment characterized by owning the means of production is the bourgeoisie.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy