Target Exam

CUET

Subject

Sociology

Chapter

Indian Society: Market as a social Institution

Question:

Capitalist is able to make profit because it can extract __________ from the labour.

Options:

Exchange value

Surplus Value

User value

Economic Value

Correct Answer:

Surplus Value

Explanation:

The correct answer is Option 2: Surplus Value.

Option 2: Surplus Value. – Correct. According to Karl Marx, a capitalist earns profit by extracting surplus value from labour. Workers produce more value than the wages they are paid, and this excess value is appropriated by the capitalist as profit.