Read the following scenario:
Gretchen opens a high-end bakery in a busy section of town. Custo...
History, 05.05.2020 02:44, olaffm9799
Read the following scenario:
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 Gretchen's customers
take their business to Emily's bakery because her prices are lower.
This is an example of which Industrial Revolution-era ideal?
O
A. Social welfare
B. Capitalism
C. Marxism
D. Individualism
Answers: 2
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