Practicing Success
Two statements are given, one is labelled as Assertion (A) and the other as Reason (R): Assertion (A) Under socialist mode of production, labour becomes a commodity. Reason (R). Workers can sell their labour power in the capitalist market to earn wages. |
Both (A) and (R) are true and (R) is the correct explanation for (A) Both (A) and (R) are true and (R) is not the correct explanation for (A) (A) is true , but (R) is false (A) is false but (R) is true |
(A) is false but (R) is true |
Under the capitalist mode of production, labour itself becomes a commodity, because workers must sell their labour power in the market to earn a wage. This gives rise to two basic classes – capitalists, who own the means of production (such as the factories), and workers, who sell their labour to the capitalists. The capitalist class is able to profit from this system by paying the workers less than the value of what they actually produce, and so extracting surplus value from their labour |