1. The primary purpose of the passage is to
(A) reveal the underlying similarities of certain arguments regarding the development of capitalism in the United States
(B) synthesize two competing arguments regarding the development of capitalism in the United States
(C) defend an established argument regarding the development of capitalism in the United States
(D) summarize a scholarly refutation of an argument regarding the development of capitalism in the United States
(E) discuss a new methodology for the study of the development of capitalism in the United States
From the passage:
For many years, historians thought that the development of capitalism had not faced serious challenges in the United States...
...
Recently, however, some scholars have argued that even though laissez-faire became the prevailing ethos in nineteen-century America, it was not accepted without struggle. Laissez-faire capitalism, they suggest, clashed with existing religious and communitarian norms that imposed moral constraints on ...
The passage starts with how historians thought something for many years.
And then it goes on to tell us that now some scholars are arguing otherwise.
(A) reveal the underlying similarities of certain arguments regarding the development of capitalism in the United States
The passage discussing two conflicting ideas, not similar. Incorrect.
(B) synthesize two competing arguments regarding the development of capitalism in the United States
What put me off this option is the use of "synthesize" which means "create." The author only quotes historians and scholars and hence I do not like this option.
(C) defend an established argument regarding the development of capitalism in the United States
The author is opposing an established argument by talking about recent claims of some scholars.
(D) summarize a scholarly refutation of an argument regarding the development of capitalism in the United States
Correct. The author summarizes the scholarly refutation of an argument. He doesn't synthesize the refutation. He summarizes how the scholars are refuting.
(E) discuss a new methodology for the study of the development of capitalism in the United States
Out of scope.
Answer (D)