Max Weber observed that the rise of capitalism was encouraged by a revolution in religious thought on economic matters. He referred to this as a(n)
A) religious hangover.
B) opiate of the people.
C) Protestant Ethic.
D) spirit of individual enterprise.
Correct Answer:
Verified
Q1: To have a laissez-faire economy in which
Q2: The concept of internationalization
A) emphasizes interactions among
Q3: Church teachings in the Middle Ages held
Q4: The total aggregate of goods and services
Q5: Gross Domestic Product (GDP) equals
A) GNP (i.e.,
Q7: Mercantilism was dependent on
A) exploitation of labor.
B)
Q8: Adam Smith is associated with economic liberalism.
Q9: The new economy of capitalism was accompanied
Q10: The father of classical political economy was
A)
Q11: The individual credited with taking Adam Smith
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