In post-World War II society, particularly in Canada and the United States, an understanding developed among those who owned business and industry, those who worked in those businesses and industries, and the State (government). Essentially, the contract, or socially accepted understanding, was that if you work hard and produce more goods and services each year, the economy willgrow. This social contract was based on the economics of:
A) Marx
B) Durkheim
C) Weber
D) Hitler
E) Keynes

Question

Quizplus · Accepted Answer

This social contract is based on Keynesian economics, which emphasizes the role of government intervention and fiscal policy to manage economic growth and stability.

In Post-World War II Society, Particularly in Canada and the United