Question at position 27 What did J.K. Galbraith call the control of the market by the consumer”the transformed sequencethe institutional sequencethe revised sequencethe dialectical sequencethe accepted sequence

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To tackle this item, I’ll map each option to what it suggests about Galbraith’s framing of consumer influence over markets, using the given question stem as the anchor.
Option 1: 'the transformed sequence' – This phrasing implies a change or metamorphosis of the sequence of market factors, but it does not align with the specific term associated with Galbraith’s description of consumer control. It’s not a standard label used by him in this context.
Option 2: 'the institutional sequence' – Calling it institutional suggests a focus on formal organizations and structures, yet Galbraith’s highlighted idea centers on consumer power within a broader sequence rather than a narrow institutional framing. This makes the option conceptually off-base for the question.
Option 3: 'the revised sequence' – 'Revised' signals modification, but again it lacks the precise terminology tied to Galbraith’s discussion of how consumer demand shapes markets. It reads like a general edit rather than a specific named sequence used by him.
Option 4: 'the dialectical sequence' – The term 'dialectical' evokes a Hegelian or Marxist method of contradiction and synthesis. Galbraith’s analysis in this area is not typically framed as a dialectical sequence, so this label seems mismatched with the economist’s intended phrase.
Option 5: 'the accepted sequence' – This option uses a phrasing that participants frequently encounter when recalling Galbraith’s notion that consumer sovereignty can form an 'accepted' or mutually recognized pattern guiding market outcomes. Within the context of the provided question, this label best matches Galbraith’s discussion about consumer influence stabilizing or prevailing in market dynamics.
In summary, while the first four choices propose plausible-sounding sequences, they do not correspond to the specific terminology attributed to Galbraith in this discussion. The final option aligns with the recognized phrase used to describe the consumer-driven ordering of market influence in his analysis, making it the best match among the offered choices.

Question at position 27 What did J.K. Galbraith call the control of the market by the consumer”the transformed sequencethe institutional sequencethe revised sequencethe dialectical sequencethe accepted sequence

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