The transmission of a capitalist economic system from one generation to the next best illustrates the impact of

Question

Quizplus · Accepted Answer

The transmission of a capitalist economic system from one generation to the next is a product of cultural values and beliefs. Capitalism emphasizes individualism, competition, and the pursuit of profit, which are all cultural values that are transmitted from one generation to the next. Social norms and the division of labor may support or enhance capitalism, but they do not explain its transmission from one generation to the next. Collectivism, the opposite of capitalism, emphasizes cooperation and the greater good of the community over individual profit, making it an unlikely choice for this scenario.

The Transmission of a Capitalist Economic System from One Generation