Question 1

Not yet graded / 2 pts

Sorrells defined capitalism as a "complex social logic" (179).  In a few sentences, explain what you think Sorrells meant by this.

Your Answer:

I think what she means with complex social logic is that Capitalism is a big idea that is made from many different factors of society which is not only explained by economic's ideas. Sorrells lists are social, cultural, political, ideological, and ethical issues. 

 

Question 2

Not yet graded / 2 pts

Describe the difference between the use value and exchange value of a commodity.

Your Answer:

The use-value of the commodity is to achieve daily life product and fulfill the daily life activities.
The exchange value of the commodity is to create capital, growing in cash, and do business 

 

Question 3

Not yet graded / 2 pts

Explain what led to the development of the consumer in the early 20th century.

Your Answer:

the change in consumer culture led to that development. They started to think bigger and more is better and build their lifestyle around merchandise. Also, human value is measure by their assets accorded to Sorrell

 

Question 4

Not yet graded / 2 pts

List five brands of products that you regularly use.  They can be any type of product (e.g., clothing, toothpaste, kitchen appliances, etc.).

Your Answer:

Addidas, Nike, Gucci, Ikea, Apple

 

Question 5

Not yet graded / 2 pts

Think of any advertisements you have seen for any of these products.  What are you supposed to be, according to these ads?

Your Answer:

Consumer I think