What is the concept of neoliberalism about?
A) new members of a political party
B) humanitarian work done by the United Nations
C) faith in the market and a retreat from state spending
D) individuals who are part of social movements of liberation

Question

Quizplus · Accepted Answer

Neoliberalism is a political and economic philosophy that emphasizes free-market capitalism, deregulation, and a reduced role of the government in economic affairs. It involves a retreat from state spending and often results in privatization and austerity measures.

What Is the Concept of Neoliberalism About