The Social Thinker Whose Ideas Most Supported the Operation of a Free-Market

question 2

Multiple Choice

The social thinker whose ideas most supported the operation of a free-market economy was

• A)Thorstein Veblen.
• B)Adam Smith.
• C)Karl Marx.
• D)Max Weber.

---

Definitions:

Reinforcement

In behavioral psychology, a consequence that will strengthen an organism's future behavior whenever that behavior is preceded by a specific antecedent stimulus.

Variable Interval

A variable interval refers to a schedule of reinforcement where a response is rewarded after an unpredictable amount of time has passed, used in behaviorist studies.

Fixed Interval

A schedule of reinforcement where a response is rewarded after a set period of time has passed.

Fixed Ratio

A schedule of reinforcement wherein a response is rewarded only after a specified number of correct responses, leading to a high rate of responding.