Culture of capitalism refers to
A) the spending patterns of a society.
B) the inherent beliefs found in pre-industrialized societies.
C) the ability to attain goods based solely on an individual's social class.
D) the personal beliefs and ideologies of individuals in a capitalistic society.
E) using achievement, individualism, and merit as bases for evaluating people.

Question

Quizplus · Accepted Answer

The culture of capitalism is characterized by the values and beliefs that underpin the economic system. These include achievement, individualism, and meritocracy, which are used to evaluate people in terms of their success or failure in the market. The other choices are either too narrow (A, C), too broad (B), or unrelated (D) to the concept of the culture of capitalism.

Culture of Capitalism Refers to