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According to the Authors of the Text,capitalism Will,if Unhindered by Government

question 44

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According to the authors of the text,capitalism will,if unhindered by government regulation,result in individual self-fulfillment and general material progress for all of society.


Definitions:

Human Relations School

An approach to management and organizational theory that emphasizes the importance of human needs in the workplace and the key role of social interactions in employee satisfaction and productivity.

Primary Labor Market

Is composed mainly of highly skilled or well-educated white males. They are employed in large corporations that enjoy high levels of capital investment. In the primary labor market, employment is secure, earnings are high, and fringe benefits are generous.

Highly Skilled

Possessing advanced levels of expertise, training, or education in a specific field or activity.

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