waytowharton wrote:
Hey experts,
KarishmaB GMATNinja ExpertsGlobal5 AjiteshArunCould you help me understand why option D is incorrect in Q3. It is mentioned in the passage- "Buttressed by mercantilist notions that government should be both regulator and promoter of economic activity, these norms persisted long after the American Revolution helped unleash the economic forces that produced capitalism."
3. The passage suggests that the "scholars" (Highlighted) would agree with which of the following statements regarding the “norms” (Highlighted)
(A) They provided a primary source of opposition to the development of laissez-faire capitalism in the United States in the nineteenth century.
(B) Their appeal was undermined by difficult economic times in the United States at the end of the nineteenth century.
(C) They disappeared in the United States in the late nineteenth century because of the triumph of laissez-faire capitalism.
(D) They facilitated the successful implementation of mercantilist notions of government in the United States in the nineteenth-century.
(E) They are now recognized by historians as having been an important part of the ideology of the American Revolution.
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 acquisitiveness to protect the weak from the predatory, the strong from corruption, and the entire culture from materialist excess. Buttressed by mercantilist notions that government should be both regulator and promoter of economic activity, these norms persisted long after the American Revolution helped unleash the economic forces that produced capitalism. The highlighted shows us that the answer is (A).
(B) Their appeal was undermined by difficult economic times in the United States at the end of the nineteenth century.
From the passage:
Hard times continued to revive popular demands for regulating business and softening the harsh edges of laissez-faire capitalism.Hard times revived the demand for norms; they did not undermine the appeal of the norms.
(C) They disappeared in the United States in the late nineteenth century because of the triumph of laissez-faire capitalism.
From the passage:
These scholars argue that even in the late nineteenth century, with the government's role in the economy considerably diminished, laissez-faire had not triumphed completely.The norms did not disappear. Laissez-faire had not triumphed completely.
(D) They facilitated the successful implementation of mercantilist notions of government in the United States in the nineteenth-century.
Mercantilist notions were not successfully implemented in US in the 19th century.
We are given that laissez-faire capitalism was implemented. It was opposed by the norms and the mercantilist notions but still capitalism was implemented.
(E) They are now recognized by historians as having been an important part of the ideology of the American Revolution.
We are given that American Revolution helped unleash the economic forces that produced capitalism. The norms were not a part of the ideology of AR. The norms opposed the ideology (capitalism).
Answer (A)
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08 Aug 2020, 05:09
