Which of the following is FALSE about the theory of modern capitalism? a. Socialismn will still occur even though the capitalist societies can provide higher levels of economic well-being for large sections of their populations, including their working classes. b. As false needs can be created and met, people can be unconsciously reconciled to capitalism, guaranteeing its stability and continuity. C. Members of capitalism can buy many of the things they desire, or think they desire, and no longer have any conscious reasons for wanting to overthrow capitalism. d. Due to the superimposition of false needs among people, they can never materialize their true needs in the modern capitalist society.

Q: explain ythis slide in regards to a green economy. i need about 1 minute to 2 minutes of information…

A: The concept of Green Capitalism represents both a challenge and an opportunity in balancing economic…

Q: According to Rushkoff (2009), the philosophy of corporatism is:    A. To suppress lateral…

A: Corporatism was originally defined as a political ideology which segregates the society in to…

Q: Decide whether each of the following descriptions most closely corresponds to being part of a…

A: ANS A command economy is a form of economy where any economic problems are solved according to the…

Q: Explain why it is important for an economic modelto be an abstraction from the real world.

A: Because the real world is far too complex to comprehend in detail, it is critical for an economic…

Q: how do money and debt play a decisive role in the development of the market logic of capitalism?

A: Many businesses and people utilize debt to finance significant expenditures that they otherwise…

Q: How did Adam Smith justify the ethics of capitalism?

A: Adam Smith's theories are frequently regarded as the foundation of modern capitalism. He advocated…

Q: In your own words, explain the concept of the “invisible hand” as it relates to economic theory. Why…

A: In this ,the entrepreneurs are the self interested individuals who are interested in making certain…

Q: Scenario: A country has been suspected of ethnic cleansing or genocide, and the United Nations is…

A: The central issue revolves around the ethical dilemma of whether it is reasonable to force democracy…

Q: The term "creative destruction" means: Group of answer choices   We should not have moved into…

A: Economics as a subject deals with the effective allocation of a limited amount of resources on…

Q: Check the countries whose economies are best described as "mixed," combining aspects of both…

A: Socialist economy:A socialist economy refers to the type of economy, where the major decisions are…