Because the market system enables entrepreneurs and investors who develop new technology to reap financial rewards from their risk of capital, it may seem that the primary result of this activity is that some people who have spare capital accumulate more. βββ
ββββ ββββββββ βββ ββ ββββ ββ βββββββ ββββββββββ βββββββββββββ βββββββββββββ
ββββ ββββ ββ βββββββ βββββββββ ββ ββββββββ ββββββ βββββββ ββ βββ ββ ββββββββ ββ βββββ ββββββββββ βββββββββββββ βββββββββββββ βββ ββββββ βββ ββββββ ββ β βββββββ ββββββββ ββ βββ ββββββ βββββββ
Which one of the following ββββ ββββββββββ ββββββββββ βββ βββββββ ββββββββ ββ βββ βββββββββ ββ
It forms part ββ βββ ββββββββ βββββββ ββ βββ ββββββββ ββββ ββββ ββββββββ ββββ βββ βββββββββββββ ββββββββββββ βββββββββ ββ βββ βββββββββ ββββββββββ
The author doesnβt summarize the benefits of technological developments. P3 presents the authorβs causal explanation for how the benefits are diffused because of the market system.
It serves as βββ ββββββββ βββββββ ββββββββββ ββββ ββββ βββββββββ ββ βββ βββββββββ βββββββββ βββββββββ βββ ββββββ ββββββββββββ ββ βββββββββββββ ββββββββββββ
The reference to maximization of financial success is not a logical conclusion from the previous paragraph. Itβs the authorβs causal explanation for how the benefits in the previous paragraph are produced by the market system. Also, there was no βdataβ presented in the previous paragraph.
It forms part ββ β βββββββββββ ββββββββββ ββββ βββ ββββββ ββββββββ βββ βββ ββββββββ ββ ββββββββ ββ βββ ββββ βββββ ββββββ ββββ ββ ββββ ββ ββ βββββββββ
The reference to maximization of financial success is part of the authorβs argument that the market system leads to democratized benefits.
It serves as ββββ ββ β ββββββ βββββββββββ ββββ ββββββββββ βββ ββββββ ββ βββ βββββ βββββββββ βββββββββ βββ ββββββββ ββ βββββββββββββ ββββββββββββ
This best captures the purpose of the reference to maximization of financial success, as explained above. The authorβs thesis in P1 is that the market system can lead to democratized benefits. P3 presents the authorβs causal explanation to support how the market system does this.
It forms part ββ βββ ββββββββ ββββββββββ ββββ βββββββ βββββββ ββββββββββ βββ ββββββββ βββββββββ ββ βββ βββββ βββ βββββββββββ
The reference to maximizing financial success is not a concession. Itβs part of the authorβs argument.
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