A group of protesters demand that the government end a policy that sets a minimum wage that all workers must be paid. They claim that companies cannot afford to pay workers the minimum wage and many people would be willing to work for less. These protesters are promoting which of the following philosophies?

A. Mercantilism
B. Communism
C. Socialism
D. Capitalism

Question

A group of protesters demand that the government end a policy that sets a minimum wage that all workers must be paid. They claim that companies cannot afford to pay workers the minimum wage and many people would be willing to work for less. These protesters are promoting which of the following philosophies?

A.	Mercantilism
 		B.	Communism
 		C.	Socialism
                D.	Capitalism

anonymous · Answer

@Awolflover1 
i believe its C or D but i need more help

awolflover1 · Answer

So Capitalism means..An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

awolflover1 · Answer

and Socialism is a political ideology and movement which has proposed a set of social and economic measures, policies and systems characterised by social ownership and democratic control of the means of production.

anonymous · Answer

capitalism
An economic system in which economic decisions are made through the free behavior of businesses and individuals rather than governments. Also referred to as the free enterprise system

awolflover1 · Answer

So What do you think now?

anonymous · Answer

that the answer is D

awolflover1 · Answer

Correct :)

anonymous · Answer

thank you once again