Question

Which best describes Robert Owen’s political ideology and its impact on business?

He was a Communist who believed business could only flourish if the government owned it.
He believed in a laissez-faire political system and the absence of government in business practices.
He believed in nationalism and uniformity in culture and language to improve business profit.
He was a utopian socialist who believed that workers would flourish in a cooperative environment.

Is the answer D?

Answer 1

Utopian socialism or a cooperative work ethic in which the benefit of a business and its enterprises would be beneficial to all those involved.

Answer 2

The correct answer is
He was a utopian socialist who believed that workers would flourish in a cooperative environment.