{"id":4054,"date":"2022-09-25T23:30:00","date_gmt":"2022-09-25T23:30:00","guid":{"rendered":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0504d-introduction-to-american-government-fall-2022\/?p=4054"},"modified":"2022-09-22T00:46:28","modified_gmt":"2022-09-22T00:46:28","slug":"db-5-1","status":"publish","type":"post","link":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0504d-introduction-to-american-government-fall-2022\/2022\/09\/25\/db-5-1\/","title":{"rendered":"db 5.1"},"content":{"rendered":"\n
  1. Two key concepts in this video are the means of production <\/strong>and labor<\/strong>. In your comment, explain how you understand the means of production and labor. Give an example of each.<\/li><\/ol>\n\n\n\n

    The Means of production are privately owned where it is sold in a market for profit. On the other hand labor is the only thing that can increase due to its value. For example, means of production shows more of like factories or the materials being used to make the product without that there will not be no production of the product. While labor is the work that’s being done. <\/p>\n\n\n\n

    1. Another important concept in understanding social class is value<\/strong>. Based on the ideas presented in Video 5.1<\/em>, what is value?  What gives \u201cvalue\u201d to value, what makes something valuable? <\/strong><\/li><\/ol>\n\n\n\n

      Value is the time and effort you put into something. To give value you need to make something as simple as a ball of yarn into a sweater. The value increases because it may have started as just a ball of yarn but with time and effort in other words labor adds more value in other words money into the person who is going to buy it.<\/strong><\/p>\n\n\n\n

      \u00a03. <\/strong>How are labor and value <\/strong>related? What\u2019s the relationship\/connection between the two?<\/p>\n\n\n\n

      Both labor and value are related due to the process of the labor work. Labor is the work you put into making the product. The more time and effort the labor you are doing for the product will increase the value of what the product is worth. <\/p>\n\n\n\n

      4. How do you understand the difference between labor <\/strong>and labor power? <\/strong>Hint:<\/em>this is a key difference, give it your best shot based on what the video says about it, and your own ideas. We\u2019ll clarify and develop it in our discussions, and in my video comments.<\/p>\n\n\n\n

      Labor power is your ability to work. With proper eating, sleep, housing and clothing and ect has an impact on the work you do. If you are well rested and well taken care of, your effort in your labor work will increase and the products will then get the right amount of value. Labor will slack if you are not being properly cared for. The amount of effort will not be the same you will slack and cut back.<\/p>\n\n\n\n

      5.Surplus Value: <\/strong>what is it? Why is it important to know about, in our study of social classes? Think about an example of surplus value?<\/p>\n\n\n\n

      Surplus value is the value on top of the value. But because the means of production is privately owned the profit will not go to you. It will go to your boss, the one who owns the company. Seems to be that you will always be getting paid less than the labor you actually put in because you are not getting the profit. You are being a hard worker for the profit to go to someone who didn’t do work at all.<\/p>\n","protected":false},"excerpt":{"rendered":"

      Two key concepts in this video are the means of production and labor. In your comment, explain how you understand the means of production and labor. Give an example of each. The Means of production are privately owned where it is sold in a market for profit. On the other hand labor is the only…<\/p>\n","protected":false},"author":6137,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"portfolio_post_id":0,"portfolio_citation":"","portfolio_annotation":"","openlab_post_visibility":"","footnotes":""},"categories":[16],"tags":[],"class_list":["post-4054","post","type-post","status-publish","format-standard","hentry","category-discussion-board-5-1"],"_links":{"self":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0504d-introduction-to-american-government-fall-2022\/wp-json\/wp\/v2\/posts\/4054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0504d-introduction-to-american-government-fall-2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0504d-introduction-to-american-government-fall-2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0504d-introduction-to-american-government-fall-2022\/wp-json\/wp\/v2\/users\/6137"}],"replies":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0504d-introduction-to-american-government-fall-2022\/wp-json\/wp\/v2\/comments?post=4054"}],"version-history":[{"count":1,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0504d-introduction-to-american-government-fall-2022\/wp-json\/wp\/v2\/posts\/4054\/revisions"}],"predecessor-version":[{"id":4055,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0504d-introduction-to-american-government-fall-2022\/wp-json\/wp\/v2\/posts\/4054\/revisions\/4055"}],"wp:attachment":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0504d-introduction-to-american-government-fall-2022\/wp-json\/wp\/v2\/media?parent=4054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0504d-introduction-to-american-government-fall-2022\/wp-json\/wp\/v2\/categories?post=4054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0504d-introduction-to-american-government-fall-2022\/wp-json\/wp\/v2\/tags?post=4054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}