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Question
gretchen opens a high - end bakery in a busy section of town. customers pay top dollar for her quality baked goods. just two months later, emily opens a bakery across the street. she also sells baked goods but uses lower - quality ingredients and has a less appealing shop. some of gretchens customers take their business to emilys bakery because her prices are lower. which industrial revolution - era system or movement is reflected in this scenario? a. social criticism b. romanticism c. marxism d. capitalism
This scenario involves competition between businesses (Gretchen's and Emily's bakeries) in a market. In capitalism, businesses operate in a free - market system where they compete for customers. Gretchen and Emily are both private - sector businesses. Social criticism (A) is more about critiquing society's ills. Romanticism (B) is an artistic and literary movement. Marxism (C) is a theory about class struggle and the overthrow of capitalism. Here, the key is the free - market competition aspect which is characteristic of capitalism.
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D. Capitalism