Question

Which of the following is a central argument of the 1958 book, The Affluent Society, by John Kenneth Galbraith?

• A. The key to economic growth is government noninterference in the economy.
• B. A small group of wealthy and influential Americans had managed to gain control of both the economy and the government.
• C. A Soviet-style command economy would best meet the needs of the majority of Americans.
• D. The United States should reinvigorate its agricultural sector with heavy subsidies to farmers and high tariffs on imported agricultural products.
• E. American society was ignoring social goods in the pursuit of private material gain.

Answer 1

The correct option is E American society was ignoring social goods in the pursuit of private material gain.

American society was ignoring social goods in the pursuit of private material gain.