Capitalism Tends to Stratify Society

question 52

Multiple Choice

Capitalism tends to stratify society. Those who are successful are respected and rewarded. Those who are not are abandoned as failures. The net result is that society becomes hierarchical. This is an elitist circumstance thought desirable by people on the right. Leon P. Baradat, Political Ideologies

• A) Argument; conclusion: Those who are successful are respected and rewarded.
• B) Argument; conclusion: The net result is that society becomes hierarchical.
• C) Argument; conclusion: This is an elitist circumstance ... on the right.
• D) Nonargument.
• E) Argument; conclusion: Capitalism tends to stratify society.

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Definitions:

Foreign Company

A business entity that is registered, operates, or is based in a country other than the one where it conducts most of its operations or sales.

Exporting

The act of sending goods or services to another country for sale.

Licensing

A business arrangement in which one company gives another company permission to manufacture its product for a specified payment.

Least Risky

Describes an option or decision that poses the smallest potential for loss, harm, or adverse outcomes.