Question

A group of protestors demand that the government end a policy that sets a limit on the amount of hours per week employees are able to work. They claim that the law limits companies' profits and strips workers of their right to earn as much money as possible. Which philosophy are these protestors promoting?
A) Mercantilism
B) Communism
C) Socialism
D) Capitalism

Answer 1

Answer:

D. Capitalism is the correct answer.

Explanation:

The economic system in which the government plays  secondary role and the companies make most of the decisions and are in the control of modes of production. In capitalist system the goods are produced by the companies and sold for profit. All  the means of production are privately owned and are operated for a profit. This word comes from the Latin word caput,  which meant the "head " owned by rich people when cattle was used for money.

Adam Smith's book, The Wealth of Nation was the important book which developed the ideas of capitalism and free market.

In this system where the protesters are asking to end the limit on work hours is Capitalism.

Answer 2

Answer:

D. Capitalism  philosophy are promoted by protestors.

Explanation:

The governments play significant roles in the economic systems of the country by making the majority of the decision in operations and production modes. The capitalist systems sound are produced and sold for profits by different companies.

The owners and shareholders of the companies usually own the production means. Their capitalism, in essence, is the scenario that the government has to take essential decision to protect the ordinary citizen from forced labor by the employer.