Which statement best summarizes both the rise of capitalism and growing criticism of the system during the 19th century?A.Capitalism developed as an alternative to inefficient mercantilist policies, but it drew criticism for increasing the gap between rich and poor.B.Capitalism was favored by countries that relied on farming, but it lost support once commerce became more sophisticated.C.Capitalism became popular as a result of European imperialism, but it fell from favor following the Industrial Revolution.D.Capitalism was preferred by highly autocratic governments, but it became less popular as the number of democracies increased.SUBMITarrow_backPREVIOUS

Which amongst the following did not lead to Rise of Capitalism?

Which one of the following developments was NOT a major factor for the beginning of early capitalism in Europe?Question 7Answera.Exploration.b.Manorialism.c.Renaissance.d.Long distance trade.

Which of the following statements challenges Karl Marx’s claims that workers will inevitably overthrow a capitalist economic system?A.The rewards received by many white-collar workers in capitalist societies are no different from those received by factory workers in Marx’s time.B.No advanced capitalist society has ever experienced a class revolution by the workers.C.Average living standards in most capitalist societies have risen over time.D.There are vast differences in the amount of wealth held by the rich and the poor in capitalist societies.

Which 19th-century situation best represents Adam Smith's ideas on how the "invisible hand" of the market works?A.Large corporations made enormous profits under capitalist economic systems.B.Poor citizens in capitalist countries frequently faced extremely harsh lifestyles.C.Most middle-class citizens either became extremely poor or wealthy under capitalism.D.Countries that adopted capitalism were able to continue practicing mercantilism.SUBMITarrow_backPREVIOUS

There is a sentence that is missing in the paragraph below. Look at the paragraph and decide in which blank (option 1, 2, 3, or 4) the following sentence would best fit.Sentence: However, in the course of the 19th century, the free market largely failed to deliver the developmental goods, proving itself to be more adept at generating than distributing wealth.Paragraph: Meritocracy loomed large over Victorian capitalism. _____(1)_____ And so, in the early decades of the 20th century, stirred by both political and intellectual developments – the growing appeal of communism to a working class that had tasted comparatively few of the market’s fruits, and the consequent rise of economic schools that aimed to renew capitalism, such as Keynesianism and the German social-market – the state gradually took on a much more active role in both society and the economy. _____(2)_____ Immediately after the Second World War, with Europe in ruins, the communist threat seemed to reach its peak. _____(3)_____ To spearhead reconstruction, Western states created institutions such as the World Bank to assist governments in their work, and private charities arose to join this crusade. _____(4)_____ Oxfam (1942), CARE International (1945) and UNICEF (a joint private-United Nations charity created in 1946) all came into being to provide famine relief to war-torn Europe.