Question

This English class was a service provided by a large firm in the early twentieth century. A corporation offering educational services to employees and their children is typical of which type of capitalism?

Answer 1

Answer: Welfare Capitalism

Explanation:

The capitalism that tends to include the policies inclined towards social welfare is known or referred as Welfare Capitalism. It is also known to be practiced by several businesses and organization that are further involved in contingent upon welfare services to the workers. Under the industrial paternalism, Welfare capitalism was mostly concentrated on the industries which employed the skilled labor.