Which development would most reflect Karl Marx's belief in the economic
system that he predicted would replace free markets?
A. Companies begin selling more products overseas.
B. Governments eliminate taxes on corporate profits.
OC. Private businesses lose control over factories.
O D. Workers are forced to accept low wages for their labor.

The loss of factory control by private firms is the process that most closely reflects Karl Marx's belief about the economic system that will eventually replace free markets.

Option C will be the representation of the economic system that Karl Marx believed in.

Karl Marx economic theory

To explain relative inequalities in market prices, Karl Marx believed in the labor theory of value. The value of a manufactured economic good can be determined objectively by the average direct labor hours required to make it, according to this theory.

Karl Marx on Privatization

According to Marx, the entire goal of primitive accumulation is to monopolize the means of production so that exploiting owners can profit from the surplus labor of people who, due to a lack of other options, are forced to work for them.

Therefore, option C is the correct answer.

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