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Question

Which theory is developed by Karl Marx?

A
Marxism
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B
Socialism
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C
Capitalism
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D
Laissez-Faire
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Solution

The correct option is A Marxism
Marxism is a theory developed by Karl Marx who was a socialist from Germany. His theory is based on the assumption that production and physical forces have an ultimate relationship and the surplus value of products should go in favour of the working class.

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