Question

Which of the following American groups benefited the most from China's turn toward capitalism?

Answer 1

Answer:

Which of the following American groups benefited the most from China's turn toward capitalism?

b. Consumers

Explanation:

In order to understand it completely, first of all there is need to understand what actually happens in Capitalism.

Capitalism is a system where private sector of a country holds most of its productions, organisations and businesses. Resulting in effective running of the organisations. Organisations reach their heights in attaining success resulting in high profits. Moreover, organisations goes global and start their operations internationally with their products and services, which consequently, will be beneficial for the international consumers. International consumers will be getting better products in very much competitive prices. So, the same happened with the American Consumers, they benefited the most from China's turn towards Capitalism.