"Corporatism" is best defined as
A)a system of representation in which one organization represents each important sector of society
B)a system of representation in which multinational corporations control each important sector of society
C)a system of representation based on communist ideas
D)a system of representation based on the eight characteristics of liberal democracy

Question

Quizplus · Accepted Answer

Corporatism is a system in which one organization represents each important sector of society, such as labor unions representing workers or industry groups representing businesses. It is a form of organized capitalism that seeks to create cooperative relationships between various interest groups and the state. Choices B, C, and D do not accurately reflect the definition of corporatism.

"Corporatism" Is Best Defined as