Which of the Following Models of Capitalism Is Based on an 'Optimistic

question 15

Multiple Choice

Which of the following models of capitalism is based on an 'optimistic' view of markets?

• A) The minimal state
• B) The developmental state
• C) The Keynesian welfare state
• D) The social-democratic state

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Definitions:

Pleistocene

The geological epoch lasting from about 2.6 million to 11,700 years ago, characterized by the last period of significant ice ages.

Triassic

A geologic period and system that spans from about 252 to 201 million years ago, marking the beginning of the Mesozoic Era.

Carboniferous

The Carboniferous is a geologic period and system that extends from about 359 to 299 million years ago, known for its vast coal deposits.

Ordovician

A geologic period and system of the Paleozoic Era, following the Cambrian and preceding the Silurian, marked by significant diversification of life.