Answer :
Answer:
Property should be communally owned and that people should work for the common good
Explanation:
Neoliberalism
This simply entails a shifts in economic control from the government to personal. It reduces the government control so that there is economic growth by favouring free trade and privatization. It is the preference of private control over public. Neoliberalism addresses inflation by creating new monetary policies that reduce or starve inflation.
It is is also defined as the full commitment to individual liberty, and holds the belief of a free market and opposition to state intervention in it. It is often referred to as the "Washington Consensus".
There are four stages of neoliberalism, which are:
1. Classical liberalism
2. Depression era
3. Neoconservatism
4. Neo-Marxian
The statement i.e. not true related to neoliberalism is property should be communally owned and that people should work for the common good.
The following information related to the neoliberalism is:
- The government should not regulated the private firms & the market forces.
- The expenses are cut by striving from the government.
- Profits could be maximized when there is the reduction in the cost.
- The international trade & the investment should be considered as the tariff and barrier-free.
Therefore, the above statement should be false.
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