Classical marxist analysis often argued that everything is ultimately determined by the economy even though, sometimes, it is through many complicated steps. can economic factors explain racism?

Economic factors can explain some forms of racism but not all of them.

Explanation:

Based on the information provided within the question as well as my own personal experiences, Economic factors can explain some forms of racism but not all of them. Institutional Racism focuses strictly on all institutions and economics. Moving farther from institutions you can also say that the form of racism known as Xenophobia can be explained by economic factors since many individuals from a certain location hate immigrants because they believe that those immigrants are stealing jobs from locals which affects their economic standing.

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answer; fair labor and standard act;