Which of the Following Statements Best Exemplifies Postindustrialism

question 103

Multiple Choice

Which of the following statements best exemplifies postindustrialism?

• A) the shift in a worker's career from lower wages to higher wages
• B) the shift from localized production to globalized production
• C) the shift from cottage industry to mass production
• D) the shift from employment in factories to employment in offices

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Definitions:

Economic Goals

The objectives that guide the economic decisions and policies of individuals, businesses, and governments, typically including growth, stability, and equity.

Neoliberalism

A political and economic philosophy advocating for free-market capitalism, deregulation, and a reduction in government spending.

Material Goals

Objectives or aims that are focused on acquiring physical or financial assets and wealth.

Neoliberal Economic Theories

A set of economic principles advocating for free markets, privatization, deregulation, and a reduced role of the state in the economy.