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Write in brief about the first intermediate and the final stage of the process of reproduction |
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Answer» In Marxian ECONOMICS, economic reproduction refers to recurrent (or CYCLICAL) processes.[1] Michel Aglietta views economic reproduction as the process whereby the initial conditions necessary for economic activity to occur are CONSTANTLY re-created.[2]Marx viewed reproduction as the process by which society re-created itself, both MATERIALLY and socially. |
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