The main causes of the neoliberal counterrevolution were:
A) an upsurge of support for the poor
B) the rise of China
C) a reaction to the world revolution of 1968
D) a decline of the rate of profit in manufacturing
E) none of the above
F) c and d

Question

Quizplus · Accepted Answer

The neoliberal counterrevolution was largely a reaction to the social and political upheavals of the late 1960s (including the world revolution of 1968) and economic challenges such as the decline of the rate of profit in manufacturing. These factors contributed to a shift towards neoliberal policies aimed at deregulation, privatization, and a reduction in government spending on social services.

The Main Causes of the Neoliberal Counterrevolution Were