Why Did the Reform Liberal Consensus Break Down in the 1980s

question 75

Multiple Choice

Why did the reform liberal consensus break down in the 1980s?

• A) The working class had not been integrated into Western society.
• B) Keynesianism was discredited for its deficit spending and inflationary tendencies.
• C) Western leaders ignored their advisors.
• D) Industries became dominated by a few firms.

---

Definitions:

Urgency Attribute

A characteristic of messages or situations that signals immediate action or attention is required.

Legitimacy

The perception or recognition as valid, acceptable, or justified according to established rules, standards, or values.

Dominant Stakeholder

A key entity or individual who has significant influence or control over the decisions and direction of a project or organization.

Power

The ability or capacity to influence the behavior of others or the course of events, often through the possession of knowledge, wealth, or connections.