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Question at position 26 For J.K. Galbraith what does the revised sequence mean:the control of the market by the consumerthe control of the consumer by corporationsthe control of both consumers and corporations by the governmentcontrol of the government by consumersnone of the above
Options
A.the control of the market by the consumer
B.the control of the consumer by corporations
C.the control of both consumers and corporations by the government
D.control of the government by consumers
E.none of the above
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In this question, we’re asked to interpret what Galbraith’s revised sequence means, focusing on who holds power in the economy.
Option 1: 'the control of the market by the consumer' would imply consumers dominate market dynamics. This is inconsistent with Galbraith’s critique, which emphasizes corporate power and the influence of large enterprises over market conditions rather than consumer control.
Option 2: 'the ......Login to view full explanationLog in for full answers
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