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Gretchen opens a high-end bakery in a busy section of town. Customers pay
top dollar for her quality baked goods. Just two months later, Emily opens a
bakery across the street. She also sells baked goods but uses lower-quality
ingredients and has a less appealing shop. Some of Gretchen's customers
take their business to Emily's bakery because her prices are lower.
This is an example of which Industrial Revolution-era ideal?
A. Marxism
B. Social welfare
C. Capitalism
D. Individualism
Please hurry

Respuesta :

The correct answer would be a

This is the example of B. Social Welfare Industrial Revolution-era ideal

How is social welfare defined in the market model?

A social interest model is a method of social welfare provision and its accompanying value system. It usually involves social policies that affect the welfare of a country's citizens within the framework of a market or mixed economy.

What is social welfare and examples?

Social welfare consists of different local, state, and government programs created to assist people with food, housing, and medical care. Some examples are low-income housing, Medicaid, disability income, etc.

Learn more about Social Welfare here

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