The purpose of welfare capitalism was to
A)give workers more control over their working conditions.
B)encourage workers to join unions.
C)encourage worker loyalty to capitalism.
D)fund unemployment rolls.
E)subsidize business enterprises.

Question

Quizplus · Accepted Answer

The purpose of welfare capitalism was to encourage worker loyalty to capitalism by providing benefits and perks to workers, such as pensions, health insurance, and profit-sharing. The idea was that by providing these benefits, workers would be less likely to want to join labor unions or advocate for more radical changes to the economic system.

The Purpose of Welfare Capitalism Was to