Question

The Cedian government believes that its citizens should have complete freedom in their economic and political pursuits, and the Cedian ideology is "private profit over public good." In this context, it can be said that Cedia most likely follows the philosophy of:
a. totalitarianism.
b. socialism.
c. individualism.
d. communism.
e. Marxism.

Answer 1

Answer:

The correct answer is letter "C": individualism.

Explanation:

Individualism is an economic idea that promotes less government intervention. In this economic scenario, individuals are the main characters influencing the fluctuations of the market based on demand and supply principles. Individualism is in favor of private ownership and self over collective interest.