10
QuizMultiple Choice

New Economic Theories — Quiz

Question 10 • Contemporary Studies

During industrialization, which led to an exploration of new economic theories?

Answer
A
a gap between rich and poor
B
the seizure of property by the government
C
the fight to control businesses by individuals
D
a war between socialists and capitalists

Explanation

Industrialization created great wealth for factory owners and investors, while many workers faced low wages and poor living conditions. This widening gap between rich and poor led people to explore new economic theories about how wealth and resources should be distributed. Therefore, the correct choice is “a gap between rich and poor.”

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