Which of the following economic principles is generally dominant in industrial society?
A) generalized exchange
B) the market principle
C) redistribution
D) negative reciprocity
E) balanced reciprocity

Question

Quizplus · Accepted Answer

The market principle, based on supply and demand, is generally dominant in industrial society. This allows for the exchange of goods and services to be determined by market factors rather than social relationships or redistributive mechanisms.

Which of the Following Economic Principles Is Generally Dominant in Industrial