Sofia Is a Sociologist Who Sees Capitalism as Developing Through

question 13

Multiple Choice

Sofia is a sociologist who sees capitalism as developing through three distinct phases. In what chronological order would she probably put these three phases of capitalism?

• A) managerial capitalism, family capitalism, and institutional capitalism
• B) institutional capitalism, managerial capitalism, and family capitalism
• C) family capitalism, institutional capitalism, and managerial capitalism
• D) family capitalism, managerial capitalism, and institutional capitalism

---

Definitions:

British Securities

Financial instruments issued by United Kingdom entities, including stocks, bonds, or other investment vehicles.

Total Return

The overall gain or loss on an investment over a specific period, including any interest, dividends, and capital gains.

U.S. Dollars

The official currency of the United States, widely used for international transactions.

Future Rate

An expected rate for a financial instrument or an economic variable at a specified future date.