In Marxist Conflict Theory, the class that owns the means of production is known as the __________.

In Marxist Conflict Theory, the class that owns the means of production is known as the bourgeoisie. This group includes people who own factories, land, and resources needed to produce goods. The bourgeoisie has power and control over the economy, while the working class, called the proletariat, must sell their labor to survive. For example, in a factory, the owners (bourgeoisie) profit from the work of the employees (proletariat), who receive wages but do not share in the profits. This creates a conflict between the two classes, as the proletariat seeks better wages and conditions, while the bourgeoisie aims to maximize profits.