Which of the following statements about the countervailing forces model is true?
A) It represents primarily the perspective of business critics.
B) It reflects the BGS relationship in Western industrialized nations.
C) It stands for the belief that government intervention in the market is undesirable.
D) It assumes that individuals can own private property and freely risk investments.

Question

Quizplus · Accepted Answer

The countervailing forces model reflects the balance between the power of big business, government, and labor unions in capitalist societies, which is primarily observed in Western industrialized nations. The model does not specifically represent the perspective of business critics nor does it assume that government intervention in the market is undesirable. The model also does not focus on the ownership of private property and risk investments but rather on the balance of power among different societal forces.

Which of the Following Statements About the Countervailing Forces Model