Which of the Following Was the Predominant Tendency in Business

question 26

Multiple Choice

Which of the following was the predominant tendency in business during the twenty years following World War II?

• A) The proliferation of highly competitive,small firms
• B) A trend toward monopolies
• C) The consolidation of economic power into big corporate firms
• D) A concerted government effort to prevent monopolistic consolidation

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Definitions:

Egocentrism

A cognitive trait where an individual has difficulty understanding that other people have their own perspectives and feelings that are different from their own.

Dispositional Factors

Internal factors such as personality traits and temperament that influence an individual's behavior across different situations.

Preoperational Stage

A developmental stage in Piaget's theory, occurring from ages 2 to 7, where children are beginning to develop logical thought but are not yet capable of concrete reasoning.

Formal-Operations Stage

The fourth and final stage of Jean Piaget's theory of cognitive development, occurring from age 12 onwards, characterized by the ability to think abstractly and reason logically.