Lloyd has been studying Uganda for decades. Based on his research, he believes that barriers to trade, minimum wage laws, and environmental regulations that affect Ugandan businesses are getting in the way of development and should be minimized or eliminated.

His view is best described as:

a. Marxism.

b. neoliberalism.

c. social democracy.

d. anarchism.

Question

Social Studies

Rodrigo Pugh

31 January, 21:18

Lloyd has been studying Uganda for decades. Based on his research, he believes that barriers to trade, minimum wage laws, and environmental regulations that affect Ugandan businesses are getting in the way of development and should be minimized or eliminated.

His view is best described as:

a. Marxism.

b. neoliberalism.

c. social democracy.

d. anarchism.

+3

Answers (1)

Know the Answer?

Chandler Decker · Answer 1

B - neoliberalism

Explanation:

You see liberal means open handed, the idea of neoliberalism originated as a revamped classical liberalism. See classical just means ancient or first form of something in this context and in human history there have been different periods like classical, renainsance etc. The concept of 'neo' means a new form of something which is usually advanced from different development of societies. The basis idea of neoliberalism is a proponent for free trade as it relates to political economy which is instituted through policy formulation.