Which of the following factors was an important motivation behind the
formation of the Socialist Party?
A. W. E. B. Du Bois gathered a group of educated African Americans
to serve as political leaders.
B. Capitalism in the United States seemed to favor corporate
interests instead of workers.
C. Women had become an increasingly important part of the
workforce, and yet were unable to vote.
D. Railroad companies had overextended themselves, which led to
the failure of several companies.
The correct answer is B. Capitalism in the United States seemed to favor corporate interests instead of workers.
What is Capitalism ?
Capitalism is often thought of as a financial system in which private actors own and manage property in accord with their goods, and demand and supply voluntarily set prices in needs in a way that can serve the best interests of humanity. The essential feature of capitalism is the motive to make a profit.
One of the instances of capitalism has been the product of mega-corporations owned by a set of private people and institutions. Minimal government intervention and security of private property rights have enabled the invention of humongous companies.
Individual capitalists are typically wealthy people who have a large quantity of capital (money or other economic assets) invested in the business, and who profit from the system of capitalism by making heightened profits and thereby counting on their wealth.
