Matthias is taking a course in political studies.He is learning about various economic philosophies that have proliferated in the past 100 years.Which term best describes the economic concept that "prosperity and democracy will flourish when market forces are unimpeded by government"?
A) neo-conservatism
B) economic self-determination
C) neoliberalism
D) liberal globalization

Question

Quizplus · Accepted Answer

Neoliberalism is the economic concept that advocates for minimal government intervention in the economy and promotes free market capitalism. It holds that prosperity and democracy can only thrive when market forces are unobstructed by government regulations and intervention.

Matthias Is Taking a Course in Political Studies