The prime minister of the nation of Urbania has called for Urbania's legislature to enact new legislation designed to shift his country away from socialism toward a more capitalistic system. The Prime Minister acknowledges that such a radical change will entail some hardships, and that some citizens will be unhappy with the changes. The most likely source of dissatisfaction with a move toward capitalism is:
A) decrease in wealth.
B) people will have less economic freedom.
C) tax rates will have to increase.
D) a trend toward unequal distribution of wealth.

Question

Quizplus · Accepted Answer

A shift toward capitalism often results in an unequal distribution of wealth, as some may accrue more wealth than others due to their abilities and opportunities. This is often a source of dissatisfaction for those who become relatively worse off as a result of the changes. Option A and C are unlikely scenarios as moving toward capitalism often results in economic growth and lower taxes. Option B is also inaccurate, as capitalism typically leads to more economic freedom for individuals.

The Prime Minister of the Nation of Urbania Has Called