What term describes the control over financial assets within a family according to Marxism?

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The term that describes the control over financial assets within a family according to Marxism is political economy. In Marxist theory, the political economy encompasses the relationship between the economic structure of society and the social relations that arise from it. This includes how wealth and resources are distributed and controlled, which is central to understanding class dynamics and power relations within families and broader society.

The concept highlights how financial assets are not just individual possessions but are influenced by the overarching economic systems and ideologies. Families often reflect these dynamics in how they manage and distribute financial resources, revealing underlying class structures and conflicts.

While emotional economy, moral economy, and social economy do address different aspects of social relations and resource management within families, they do not specifically capture the Marxist perspective on financial control and the implications of capitalism on these relationships. The emotional economy focuses on how emotions influence financial decisions and household dynamics, the moral economy emphasizes social justice and ethical considerations in economic transactions, and the social economy relates to how community and social networks influence economic behavior. However, none of these terms directly pertain to the Marxist analysis of financial control in relation to power and class structures like political economy does.

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