The New Left Rejected the Categories of Radicalism and Liberalism

question 142

True/False

The New Left rejected the categories of radicalism and liberalism that shaped the twentieth century.

---

Definitions:

Production Capacity

The maximum output that an organization can produce with the available resources in a given period.

Operating Loss

The amount by which the operating expenses of a business exceed its gross profits.

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent, salaries, or insurance.

Materials Markup

The extra percentage added to the cost price of goods to cover overhead and profit when selling goods.