Skip to content
We use only essential cookies to keep you signed in and remember your preferences. See our Cookie Policy.
TestStop
MocksPracticeResourcesIndiaBlogPricing
Sign in
Questions › UoH › UoH 2021 › Q36
1 mark, −0.33Macroeconomics › Marxian economics › The circuit of capital, dialectics and the transition debateEasyabout 1 min

UoH 2021 Question 36: Marxian economics

What is the difference, from a Marxian point of view, between the modes of exchange of ‘Traditional Economic system’ and ‘Capitalist economic system’?

Tap an option to check your answer.

Answer and worked solution

Checking your account…

Marxian economics has come up 23 times in 1 exam since 2010.

What this question tests

This question is on The circuit of capital, dialectics and the transition debate, part of Marxian economics in Macroeconomics.

Marx's account of capital's movement, his method, and the debate over how capitalism arose.

TestStop has 9 past-paper questions on this subtopic.

Practise Marxian economicsMore on The circuit of capital, dialectics and the transition debate

Similar questions from other papers

  • UoH 2020 · Q35The concept employed to define surplus maximization in Marx's analysis through either increasing the number of units of labour employed or by extending the working day…
  • UoH 2019 · Q87To sell commodities at their cost of production in competitive markets and yet be able to make a surplus over and above cost of production as a contradiction in the…
  • UoH 2018 · Q4To sell commodities at their cost of production in competitive markets and yet be able to make a surplus over and above cost of production as a contradiction in the…
  • UoH 2017 · Q89According to Karl Marx, the real producers of production and value in the society are:
  • UoH 2016 · Q45The magnitude of value of a commodity is determined by

Question from the UoH 2021 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.