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A group of protesters demand that the government end a policy that sets a minimum wage that all workers must be paid. They claim that companies cannot afford to pay workers the minimum wage and many people
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A group of protesters demand that the government end a policy that sets a minimum wage that all workers must be paid. They claim that companies cannot afford to pay workers the minimum wage and many people would be willing to work for less. These protesters are promoting which of the following philosophies?

A. Mercantilism
B. Communism
C. Socialism
D. Capitalism

User Kluyg
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5 votes

Answer:

D

Step-by-step explanation:

User Bekite
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These protesters are promoting the philosophy of "capitalism," since this holds that the market should "decide" what wages people are payed, through "supply and demand" of labor.
User Javiergov
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