Question

From a __________ perspective, business cycles are the result of capitalist greed. In order to maximize profits, capitalists suppress the wages of workers. As the prices of products increase, workers are not able to purchase them in the quantities that have been produced.

Answer 1

Answer:

The correct answer here is conflict perspective.

Explanation:

Conflict theory is one of the sociology framework, which interprets that there is a struggle of power between various groups in the society because of the limited resources available and this leads to a conflict between these various groups. This theory was given by Karl Marx and he has divided the people in society in to capitalist class and working class.