Asked by Alexus Howell on May 09, 2024

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The difficulty that many Canadians have imagining the viability of a political economic system other than capitalism reveals the __________ status that capitalism holds at present.

A) domineering
B) ideological
C) hegemonic
D) repulsive

Hegemonic

Pertaining to dominance, especially of one state or society over others.

Political Economic System

A theoretical framework that combines political science and economics to study the relationships between political policies, economic processes, and social structures.

Capitalism

An economic system characterized by private or corporate ownership of capital goods, investments determined by private decision, and prices, production, and the distribution of goods determined primarily by competition in a free market.

  • Examine the principle of hegemony and its significance in upholding societal constructs.
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Verified Answer

AA
Abdulaziz AlmubaiyedhMay 11, 2024
Final Answer :
C
Explanation :
The word "hegemonic" means having dominant influence or authority, and in this context, it accurately describes the current status of capitalism in Canada. The fact that many Canadians struggle to imagine alternative systems suggests that capitalism holds a powerful and pervasive influence over their thinking and understanding of politics and economics.