Economic liberals are considered modified capitalists because they believe that

Question

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Economic liberals believe in capitalism and the free market, but they also believe that there should be some government intervention to ensure fair competition. This is why they are considered "modified" capitalists. Option A introduces an idea of radical reform, which is not a typical belief of economic liberals. Option C adds politics to economic policy, which is also not in line with their ideology. Option D suggests pure free trade without any political interference, which is not a belief of economic liberals as they support limited government intervention to promote fair competition.

Economic Liberals Are Considered Modified Capitalists Because They Believe That