Corporatism emphasizes the collaboration between the government, businesses, and labor groups to shape economic policies, distinguishing it from ideologies focused on government ownership or minimal government intervention.

Solved

Corporatism Is

Question 18

Multiple Choice

Corporatism is

A) a belief that advocates a close degree of cooperation between the government andlabor and business groups in the formation of economic policy.
B) a theory that believes in government ownership and regulation of the major means ofproduction, that the government should regulate all sectors of the economy.
C) an ideology that developed out of the Industrial Revolution advocating governmentalconcern with individuals' quality of life, including education, medical care, andstandard of living.
D) a belief that all forms of government interfere with individual rights and should beabolished.

Correct Answer: