Some theorists have suggested that capitalistic countries will adopt elements of socialism, and socialist countries will adopt elements of capitalism. What is this idea called?
A) integration hypothesis
B) reconciliation hypothesis
C) parallel hypothesis
D) convergence hypothesis

Question

Quizplus · Accepted Answer

The idea described is called the convergence hypothesis, which proposes that capitalist countries will become more socialist over time, and socialist countries will become more capitalist, resulting in a convergence of economic systems.

Some Theorists Have Suggested That Capitalistic Countries Will Adopt Elements