"It's a level playing field," said the executive to the new hires."No matter where you went to school,you will succeed here based on what you do starting today.It is all up to you." This sentiment expresses the __________ assumption of capitalism.

Question

Quizplus · Accepted Answer

The statement expresses the assumption of equality of opportunity, which is a core concept of capitalism. This assumption holds that no individual or group should be given preferential treatment or advantage, and everyone should have equal chances to succeed based on their own efforts and abilities. This idea is central to the capitalist belief in meritocracy, where success is based on merit rather than privilege or inherited status.

"It's a Level Playing Field," Said the Executive to the New