In the book The Jungle, Upton Sinclair describes the meatpacking industry in Chicago at the beginning of the 20th century. The unregulated meatpacking companies had questionable health and safety standards, and they exploited their employees unmercifully. What stage of economic development was Sinclair discussing?
A) socialism
B) transnational capitalism
C) communism
D) laissez-faire capitalism
Correct Answer:
Verified
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