Which Statement,if True,undermines the Arguments of Daniel Bell and Francis

question 20

Multiple Choice

Which statement,if true,undermines the arguments of Daniel Bell and Francis Fukuyama?

• A)Capitalism has no significant rival in the modern era.
• B)Capitalism has spread successfully to the formerly-socialist world.
• C)Many nations continue to practice variants of socialism with some success.
• D)The world's remaining communist countries are adopting free-market reforms.

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Definitions:

Indirect Materials

These are materials used in the production process that are not directly traceable to the finished product.

Production

The process of creating goods and services through the combination of labor, materials, and technology.

Direct Materials Cost

The cost of raw materials that can be directly traced to the production of goods, considered a variable cost in manufacturing.

Inventories

Assets held for sale, or in the process of being produced for sale, or to be used in the production process.