HELPPP!! A business is consistently paying its employees much less than other companies that sell the same product. A person who
says its employees should simply try to switch to one of those other companies embodies which of the following economic ideologies most?
O Feudalism
O Capitalism
O Socialism
O Communism
The economic ideology present is Feudalism. This ideology is being referred to in the question, that the management is autocratic.
<h3 /><h3>What is Feudalism?</h3>
Feudalism is the dominant culture and it is also known as the feudal system, the negative impact of this culture is that there is a big gap between the management and the employees in a working environment.
Feudalism is the autocratic management style which does not keep their employees motivated and instead are pressurizing to get the work done.