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From among the options, choose the summary of the passage that is written in the same style as that of the passage.
Twenty years after the fall of the Berlin Wall and the collapse of communism, the world is facing another stark choice between two fundamentally different forms of organization: international capitalism and state capitalism. The former, represented by the United States, has broken down, and the latter, represented by China, is on the rise. Following the path of least resistance will lead to the gradual disintegration of the international financial system. A new multilateral system based on sounder principles must be invented.
1. Least resistance to the International capitalism represented by US and the State Capitalism represented by China will lead to the breakdown of International financial system.
2. A new multilateral economic system must be invented to prevent the rise of Chinese model of State Capitalism and the disintegration of international financial system.
3. Twenty years after the fall of communism the world needs to choose between the International Capitalism represented by the US and the State Capitalism represented by China.
4. A new economic system, different from the International Capitalism of US and the state capitalism of China is needed to avoid a breakdown of International financial system.
    Correct answer is '4'. Can you explain this answer?
    Verified Answer
    From among the options, choose the summary of the passage that is writ...
    The crux of the passage is in the last sentence. The observation is based on historical facts of the failure of the US system. This has happened twenty years after the collapse of other systems like communism etc.The passage calls upon the need for a new economic system that has stronger economic policies and is different from both International capitalism and State capitalism. The "least resistance" mentioned in the passage refers to the "weaker economic policies".
    Option 1 can be ruled out as "least resistance to the International capitalism represented by US and the State Capitalism represented by China" is misleading.
    Option 2 with "prevent rise of Chinese model of State Capitalism" is too extreme with respect to the tone of the passage.
    Option 3 is incorrect with the idea of choosing between the two forms of organization. The passage stresses on invention of a new multilateral system.
    Some of the details may still be missing in option 4. But, it captures the gist honestly.
    Hence, the correct answer is option 4.
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    When people react to their experiences with particular authorities, those authorities and the organizations or institutions that they represent often benefit if the people involved begin with high levels of commitment to the organization or institution represented by the authorities. First, in his studies of people's attitudes toward political and legal institutions, Tyler found that attitudes after an experience with the institution were strongly affected by prior attitudes. Single experiences influence post experience loyalty but certainly do not overwhelm the relationship between pre-experience and post experience loyalty. Thus, the best predictor of loyalty after an experience is usually loyalty before that experience. Second, people with prior loyalty to the organization or institution judge their dealings with the organization's or institution's authorities to be fairer than do those with less prior loyalty, either because they are more fairly treated or because they interpret equivalent treatment as fairer.Although high levels of prior organizational or institutional commitment are generally beneficial to the organization or institution, under certain conditions high levels of prior commitment may actually sow the seeds of reduced commitment. When previously committed individuals feel that they were treated unfavourably or unfairly during some experience with the organization or institution, they may show an especially sharp decline in commitment. Two studies were designed to test this hypothesis, which, if confirmed, would suggest that organizational or institutional commitment has risks, as well as benefits. At least three psychological models offer predictions of how individuals' reactions may vary as a function of (1) their prior level of commitment and (2) the favorability of the encounter with the organization or institution. Favorability of the encounter is determined by the outcome of the encounter and the fairness or appropriateness of the procedures used to allocate outcomes during the encounter. First, the instrumental prediction is that because people are mainly concerned with receiving desired outcomes from their encounters with organizations, changes in their level of commitment will depend primarily on the favorability of the encounter. Second, the assimilation prediction is that individuals' prior attitudes predispose them to react in a way that is consistent with their prior attitudes.The third prediction, derived from the group-value model of justice, pertains to how people with high prior commitment will react when they feel that they have been treated unfavorably or unfairly during some encounter with the organization or institution. Fair treatment by the other party symbolizes to people that they are being dealt with in a dignified and respectful way, thereby bolstering their sense of self-identity and self-worth. However, people will become quite distressed and react quite negatively if they feel that they have been treated unfairly by the other party to the relationship. The group-value model suggests that people value the information they receive that helps them to define themselves and to view themselves favorably. According to the instrumental viewpoint, people are primarily concerned with the more material or tangible resources received from the relationship. Empirical support for the group-value model has implications for a variety of important issues, including the determinants of commitment, satisfaction, organizational citizenship, and rule following. Determinants of procedural fairness include structural or interpersonal factors. For example, structural determinants refer to such things as whether decisions were made by neutral, fact-finding authorities who used legitimate decision-making criteria. The primary purpose of the study was to examine the interactive effect of individuals (1) commitment to an organization or institution prior to some encounter and (2) perceptions of how fairly they were treated during the encounter, on the change in their level of commitment. A basic assumption of the group-value model is that people generally value their relationships with people, groups, organizations, and institutions and therefore value fair treatment from the other party to the relationship. Specifically, highly committed members should have especially negative reactions to feeling that they were treated unfairly, more so than (1) less-committed group members or (2) highly committed members who felt that they were fairly treated.The prediction that people will react especially negatively when they previously felt highly committed but felt that they were treated unfairly also is consistent with the literature on psychological contracts. Rousseau suggested that, over time, the members of work organizations develop feelings of entitlement, i.e., perceived obligations that their employers have toward them. Those who are highly committed to the organization believe that they are fulfilling their contract obligations. However, if the organization acted unfairly, then highly committed individuals are likely to believe that the organization did not live up to its end of the bargain.There is only one term in the left column which matches with the options given in the second column. Identify the correct pair from the following table

    When people react to their experiences with particular authorities, those authorities and the organizations or institutions that they represent often benefit if the people involved begin with high levels of commitment to the organization or institution represented by the authorities. First, in his studies of people's attitudes toward political and legal institutions, Tyler found that attitudes after an experience with the institution were strongly affected by prior attitudes. Single experiences influence post experience loyalty but certainly do not overwhelm the relationship between pre-experience and post experience loyalty. Thus, the best predictor of loyalty after an experience is usually loyalty before that experience. Second, people with prior loyalty to the organization or institution judge their dealings with the organization's or institution's authorities to be fairer than do those with less prior loyalty, either because they are more fairly treated or because they interpret equivalent treatment as fairer.Although high levels of prior organizational or institutional commitment are generally beneficial to the organization or institution, under certain conditions high levels of prior commitment may actually sow the seeds of reduced commitment. When previously committed individuals feel that they were treated unfavourably or unfairly during some experience with the organization or institution, they may show an especially sharp decline in commitment. Two studies were designed to test this hypothesis, which, if confirmed, would suggest that organizational or institutional commitment has risks, as well as benefits. At least three psychological models offer predictions of how individuals' reactions may vary as a function of (1) their prior level of commitment and (2) the favorability of the encounter with the organization or institution. Favorability of the encounter is determined by the outcome of the encounter and the fairness or appropriateness of the procedures used to allocate outcomes during the encounter. First, the instrumental prediction is that because people are mainly concerned with receiving desired outcomes from their encounters with organizations, changes in their level of commitment will depend primarily on the favorability of the encounter. Second, the assimilation prediction is that individuals' prior attitudes predispose them to react in a way that is consistent with their prior attitudes.The third prediction, derived from the group-value model of justice, pertains to how people with high prior commitment will react when they feel that they have been treated unfavorably or unfairly during some encounter with the organization or institution. Fair treatment by the other party symbolizes to people that they are being dealt with in a dignified and respectful way, thereby bolstering their sense of self-identity and self worth. However, people will become quite distressed and react quite negatively if they feel that they have been treated unfairly by the other party to the relationship. The group-value model suggests that people value the information they receive that helps them to define themselves and to view themselves favorably. According to the instrumental viewpoint, people are primarily concerned with the more material or tangible resources received from the relationship. Empirical support for the group-value model has implications for a variety of important issues, including the determinants of commitment, satisfaction, organizational citizenship, and rule following. Determinants of procedural fairness include structural or interpersonal factors. For example, structural determinants refer to such things as whether decisions were made by neutral, fact finding authorities who used legitimate decision making criteria. The primary purpose of the study was to examine the interactive effect of individuals (1) commitment to an organization or institution prior to some encounter and (2) perceptions of how fairly they were treated during the encounter, on the change in their level of commitment. A basic assumption of the group-value model is that people generally value their relationships with people, groups, organizations, and institutions and therefore value fair treatment from the other party to the relationship. Specifically, highly committed members should have especially negative reactions to feeling that they were treated unfairly, more so than (1) less-committed group members or (2) highly committed members who felt that they were fairly treated.The prediction that people will react especially negatively when they previously felt highly committed but felt that they were treated unfairly also is consistent with the literature on psychological contracts. Rousseau suggested that, over time, the members of work organizations develop feelings of entitlement, i.e., perceived obligations that their employers have toward them. Those who are highly committed to the organization believe that they are fulfilling their contract obligations. However, if the organization acted unfairly, then highly committed individuals are likely to believe that the organization did not live up to its end of the bargain.There is only one term in the left column which matches with the options given in the second column. Identify the correct pair from the following table

    When people react to their experiences with particular authorities, those authorities and the organizations or institutions that they represent often benefit if the people involved begin with high levels of commitment to the organization or institution represented by the authorities. First, in his studies of people's attitudes toward political and legal institutions, Tyler found that attitudes after an experience with the institution were strongly affected by prior attitudes. Single experiences influence post experience loyalty but certainly do not overwhelm the relationship between pre-experience and post experience loyalty. Thus, the best predictor of loyalty after an experience is usually loyalty before that experience. Second, people with prior loyalty to the organization or institution judge their dealings with the organization's or institution's authorities to be fairer than do those with less prior loyalty, either because they are more fairly treated or because they interpret equivalent treatment as fairer.Although high levels of prior organizational or institutional commitment are generally beneficial to the organization or institution, under certain conditions high levels of prior commitment may actually sow the seeds of reduced commitment. When previously committed individuals feel that they were treated unfavourably or unfairly during some experience with the organization or institution, they may show an especially sharp decline in commitment. Two studies were designed to test this hypothesis, which, if confirmed, would suggest that organizational or institutional commitment has risks, as well as benefits. At least three psychological models offer predictions of how individuals' reactions may vary as a function of (1) their prior level of commitment and (2) the favorability of the encounter with the organization or institution. Favorability of the encounter is determined by the outcome of the encounter and the fairness or appropriateness of the procedures used to allocate outcomes during the encounter. First, the instrumental prediction is that because people are mainly concerned with receiving desired outcomes from their encounters with organizations, changes in their level of commitment will depend primarily on the favorability of the encounter. Second, the assimilation prediction is that individuals' prior attitudes predispose them to react in a way that is consistent with their prior attitudes.The third prediction, derived from the group-value model of justice, pertains to how people with high prior commitment will react when they feel that they have been treated unfavorably or unfairly during some encounter with the organization or institution. Fair treatment by the other party symbolizes to people that they are being dealt with in a dignified and respectful way, thereby bolstering their sense of self-identity and self-worth. However, people will become quite distressed and react quite negatively if they feel that they have been treated unfairly by the other party to the relationship. The group-value model suggests that people value the information they receive that helps them to define themselves and to view themselves favorably. According to the instrumental viewpoint, people are primarily concerned with the more material or tangible resources received from the relationship. Empirical support for the group-value model has implications for a variety of important issues, including the determinants of commitment, satisfaction, organizational citizenship, and rule following. Determinants of procedural fairness include structural or interpersonal factors. For example, structural determinants refer to such things as whether decisions were made by neutral, fact-finding authorities who used legitimate decision-making criteria. The primary purpose of the study was to examine the interactive effect of individuals (1) commitment to an organization or institution prior to some encounter and (2) perceptions of how fairly they were treated during the encounter, on the change in their level of commitment. A basic assumption of the group-value model is that people generally value their relationships with people, groups, organizations, and institutions and therefore value fair treatment from the other party to the relationship. Specifically, highly committed members should have especially negative reactions to feeling that they were treated unfairly, more so than (1) less-committed group members or (2) highly committed members who felt that they were fairly treated.The prediction that people will react especially negatively when they previously felt highly committed but felt that they were treated unfairly also is consistent with the literature on psychological contracts. Rousseau suggested that, over time, the members of work organizations develop feelings of entitlement, i.e., perceived obligations that their employers have toward them. Those who are highly committed to the organization believe that they are fulfilling their contract obligations. However, if the organization acted unfairly, then highly committed individuals are likely to believe that the organization did not live up to its end of the bargain.For summarizing the passage, which of the following is most appropriate

    When people react to their experiences with particular authorities, those authorities and the organizations or institutions that they represent often benefit if the people involved begin with high levels of commitment to the organization or institution represented by the authorities. First, in his studies of people's attitudes toward political and legal institutions, Tyler found that attitudes after an experience with the institution were strongly affected by prior attitudes. Single experiences influence post experience loyalty but certainly do not overwhelm the relationship between pre-experience and post experience loyalty. Thus, the best predictor of loyalty after an experience is usually loyalty before that experience.Second, people with prior loyalty to the organization or institution judge their dealings with the organization's or institution's authorities to be fairer than do those with less prior loyalty, either because they are more fairly treated or because they interpret equivalent treatment as fairer.Although high levels of prior organizational or institutional commitment are generally beneficial to the organization or institution, under certain conditions high levels of prior commitment may actually sow the seeds of reduced commitment. When previously committed individuals feel that they were treated unfavourably or unfairly during some experience with the organization or institution, they may show an especially sharp decline in commitment. Two studies were designed to test this hypothesis, which, if confirmed, would suggest that organizational or institutional commitment has risks, as well as benefits. At least three psychological models offer predictions of how individuals' reactions may vary as a function of (1) their prior level of commitment and (2) the favorability of the encounter with the organization or institution. Favorability of the encounter is determined by the outcome of the encounter and the fairness or appropriateness of the procedures used to allocate outcomes during the encounter. First, the instrumental prediction is that because people are mainly concerned with receiving desired outcomes from their encounters with organizations, changes in their level of commitment will depend primarily on the favorability of the encounter. Second, the assimilation prediction is that individuals' prior attitudes predispose them to react in a way that is consistent with their prior attitudes.The third prediction, derived from the group-value model of justice, pertains to how people with high prior commitment will react when they feel that they have been treated unfavorably or unfairly during some encounter with the organization or institution. Fair treatment by the other party symbolizes to people that they are being dealt with in a dignified and respectful way, thereby bolstering their sense of self-identity and self worth. However, people will become quite distressed and react quite negatively if they feel that they have been treated unfairly by the other party to the relationship. The group-value model suggests that people value the information they receive that helps them to define themselves and to view themselves favorably. According to the instrumental viewpoint, people are primarily concerned with the more material or tangible resources received from the relationship. Empirical support for the group-value model has implications for a variety of important issues, including the determinants of commitment, satisfaction, organizational citizenship, and rule following. Determinants of procedural fairness include structural or interpersonal factors. For example, structural determinants refer to such things as whether decisions were made by neutral, fact finding authorities who used legitimate decision making criteria. The primary purpose of the study was to examine the interactive effect of individuals (1) commitment to an organization or institution prior to some encounter and (2) perceptions of how fairly they were treated during the encounter, on the change in their level of commitment. A basic assumption of the group-value model is that people generally value their relationships with people, groups, organizations, and institutions and therefore value fair treatment from the other party to the relationship. Specifically, highly committed members should have especially negative reactions to feeling that they were treated unfairly, more so than (1) less-committed group members or (2) highly committed members who felt that they were fairly treated.The prediction that people will react especially negatively when they previously felt highly committed but felt that they were treated unfairly also is consistent with the literature on psychological contracts. Rousseau suggested that, over time, the members of work organizations develop feelings of entitlement, i.e., perceived obligations that their employers have toward them. Those who are highly committed to the organization believe that they are fulfilling their contract obligations. However, if the organization acted unfairly, then highly committed individuals are likely to believe that the organization did not live up to its end of the bargain.For summarizing the passage, which of the following is most appropriate

    The tangled web of international organizations that constitutes global governance has become so remote and ineffective that few count on it to deliver results anymore. Now, after decades of turf wars and self-marginalization, international organizations must rally around an increasingly pressing global priority: sustainable urbanization. The world is undergoing an unprecedented and irreversible wave of urbanization, with the share of the global population living in cities set to reach 60% by 2030. But rapid urbanization is driving up industrial fossil-fuel consumption and household water consumption, and is increasing demand for food in areas where arable land is scarce. In short, the current urbanization trajectory is not sustainable. But existing efforts to alter the situation remain woefully inadequate.Moreover, international development players - including UN agencies, NGOs, corporate citizenship programs, and other charitable organizations - rarely coordinate their activities, even though their interventions are increasingly concentrated in densely populated cities. Given that promoting sustainable urbanization and improving coordination would bolster progress in other priority areas (including womens rights, climate change, youth unemployment, and literacy), sustainable urbanization must become a bureaucratic priority. And it must be complemented by a technological disruption, with investments channeled toward developing and distributinginnovations that would make cities more livable, efficient, and sustainable. In fact, many useful innovations, such as energy-generating building materials and zero-emissions transportation, already exist; they simply need to be made accessible to those who need them most.The future impact of global governance rests on forging new alignments that facilitate the flow of vital knowledge and technologies from an increasingly diverse array of sources to urban populations worldwide. The tools needed to make urban life more sustainable are no longer flowing only from North to South and West to East. China has taken the lead in exporting solar photovoltaic cells, while clean-tech parks are arising even in the Arab world.With new, innovative solutions appearing every day, the real challenge lies in bringing them to scale - and that requires international cooperation. But the smartest cities are not necessarily the most technologically advanced. Rather, they are the places where technology and public policy support citizens welfare and aspirations. This crucial fact will guide discussion at the New Cities Foundations second annual summit in June - the theme of which is The Human City - and should be at the heart of sustainable urbanization initiatives. Making sustainable urbanization a strategic priority might be the only way to overcome the interrelated crises of jobless growth, youth unemployment, and income inequality. While some factory jobs can be outsourced or automated, robots cannot yet retrofit buildings, install solar PV cells on rooftops, or construct vertical farms.Q.According to the passage, which one of the following statements is false?

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    From among the options, choose the summary of the passage that is written in the same style as that of the passage.Twenty years after the fall of the Berlin Wall and the collapse of communism, the world is facing another stark choice betweentwo fundamentally different forms of organization: international capitalism and state capitalism. The former, represented by the United States, has broken down, and the latter, represented by China, is on the rise. Following the path of least resistance will lead to the gradual disintegration of the international financial system. A new multilateral system based on sounder principles must be invented.1. Least resistance to the International capitalism represented by US and the State Capitalism represented by China will lead to the breakdown of International financial system.2. A new multilateral economic system must be invented to prevent the rise of Chinese model of State Capitalism and the disintegration of international financial system.3. Twenty years after the fall of communism the world needs to choose between the International Capitalism represented by the US and the State Capitalism represented by China.4. A new economic system, different from the International Capitalism of US and the state capitalism of China is needed to avoid a breakdown of International financial system.Correct answer is '4'. Can you explain this answer?
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    From among the options, choose the summary of the passage that is written in the same style as that of the passage.Twenty years after the fall of the Berlin Wall and the collapse of communism, the world is facing another stark choice betweentwo fundamentally different forms of organization: international capitalism and state capitalism. The former, represented by the United States, has broken down, and the latter, represented by China, is on the rise. Following the path of least resistance will lead to the gradual disintegration of the international financial system. A new multilateral system based on sounder principles must be invented.1. Least resistance to the International capitalism represented by US and the State Capitalism represented by China will lead to the breakdown of International financial system.2. A new multilateral economic system must be invented to prevent the rise of Chinese model of State Capitalism and the disintegration of international financial system.3. Twenty years after the fall of communism the world needs to choose between the International Capitalism represented by the US and the State Capitalism represented by China.4. A new economic system, different from the International Capitalism of US and the state capitalism of China is needed to avoid a breakdown of International financial system.Correct answer is '4'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about From among the options, choose the summary of the passage that is written in the same style as that of the passage.Twenty years after the fall of the Berlin Wall and the collapse of communism, the world is facing another stark choice betweentwo fundamentally different forms of organization: international capitalism and state capitalism. The former, represented by the United States, has broken down, and the latter, represented by China, is on the rise. Following the path of least resistance will lead to the gradual disintegration of the international financial system. A new multilateral system based on sounder principles must be invented.1. Least resistance to the International capitalism represented by US and the State Capitalism represented by China will lead to the breakdown of International financial system.2. A new multilateral economic system must be invented to prevent the rise of Chinese model of State Capitalism and the disintegration of international financial system.3. Twenty years after the fall of communism the world needs to choose between the International Capitalism represented by the US and the State Capitalism represented by China.4. A new economic system, different from the International Capitalism of US and the state capitalism of China is needed to avoid a breakdown of International financial system.Correct answer is '4'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for From among the options, choose the summary of the passage that is written in the same style as that of the passage.Twenty years after the fall of the Berlin Wall and the collapse of communism, the world is facing another stark choice betweentwo fundamentally different forms of organization: international capitalism and state capitalism. The former, represented by the United States, has broken down, and the latter, represented by China, is on the rise. Following the path of least resistance will lead to the gradual disintegration of the international financial system. A new multilateral system based on sounder principles must be invented.1. Least resistance to the International capitalism represented by US and the State Capitalism represented by China will lead to the breakdown of International financial system.2. A new multilateral economic system must be invented to prevent the rise of Chinese model of State Capitalism and the disintegration of international financial system.3. Twenty years after the fall of communism the world needs to choose between the International Capitalism represented by the US and the State Capitalism represented by China.4. A new economic system, different from the International Capitalism of US and the state capitalism of China is needed to avoid a breakdown of International financial system.Correct answer is '4'. Can you explain this answer?.
    Solutions for From among the options, choose the summary of the passage that is written in the same style as that of the passage.Twenty years after the fall of the Berlin Wall and the collapse of communism, the world is facing another stark choice betweentwo fundamentally different forms of organization: international capitalism and state capitalism. The former, represented by the United States, has broken down, and the latter, represented by China, is on the rise. Following the path of least resistance will lead to the gradual disintegration of the international financial system. A new multilateral system based on sounder principles must be invented.1. Least resistance to the International capitalism represented by US and the State Capitalism represented by China will lead to the breakdown of International financial system.2. A new multilateral economic system must be invented to prevent the rise of Chinese model of State Capitalism and the disintegration of international financial system.3. Twenty years after the fall of communism the world needs to choose between the International Capitalism represented by the US and the State Capitalism represented by China.4. A new economic system, different from the International Capitalism of US and the state capitalism of China is needed to avoid a breakdown of International financial system.Correct answer is '4'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
    Here you can find the meaning of From among the options, choose the summary of the passage that is written in the same style as that of the passage.Twenty years after the fall of the Berlin Wall and the collapse of communism, the world is facing another stark choice betweentwo fundamentally different forms of organization: international capitalism and state capitalism. The former, represented by the United States, has broken down, and the latter, represented by China, is on the rise. Following the path of least resistance will lead to the gradual disintegration of the international financial system. A new multilateral system based on sounder principles must be invented.1. Least resistance to the International capitalism represented by US and the State Capitalism represented by China will lead to the breakdown of International financial system.2. A new multilateral economic system must be invented to prevent the rise of Chinese model of State Capitalism and the disintegration of international financial system.3. Twenty years after the fall of communism the world needs to choose between the International Capitalism represented by the US and the State Capitalism represented by China.4. A new economic system, different from the International Capitalism of US and the state capitalism of China is needed to avoid a breakdown of International financial system.Correct answer is '4'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of From among the options, choose the summary of the passage that is written in the same style as that of the passage.Twenty years after the fall of the Berlin Wall and the collapse of communism, the world is facing another stark choice betweentwo fundamentally different forms of organization: international capitalism and state capitalism. The former, represented by the United States, has broken down, and the latter, represented by China, is on the rise. Following the path of least resistance will lead to the gradual disintegration of the international financial system. A new multilateral system based on sounder principles must be invented.1. Least resistance to the International capitalism represented by US and the State Capitalism represented by China will lead to the breakdown of International financial system.2. A new multilateral economic system must be invented to prevent the rise of Chinese model of State Capitalism and the disintegration of international financial system.3. Twenty years after the fall of communism the world needs to choose between the International Capitalism represented by the US and the State Capitalism represented by China.4. A new economic system, different from the International Capitalism of US and the state capitalism of China is needed to avoid a breakdown of International financial system.Correct answer is '4'. Can you explain this answer?, a detailed solution for From among the options, choose the summary of the passage that is written in the same style as that of the passage.Twenty years after the fall of the Berlin Wall and the collapse of communism, the world is facing another stark choice betweentwo fundamentally different forms of organization: international capitalism and state capitalism. The former, represented by the United States, has broken down, and the latter, represented by China, is on the rise. Following the path of least resistance will lead to the gradual disintegration of the international financial system. A new multilateral system based on sounder principles must be invented.1. Least resistance to the International capitalism represented by US and the State Capitalism represented by China will lead to the breakdown of International financial system.2. A new multilateral economic system must be invented to prevent the rise of Chinese model of State Capitalism and the disintegration of international financial system.3. Twenty years after the fall of communism the world needs to choose between the International Capitalism represented by the US and the State Capitalism represented by China.4. A new economic system, different from the International Capitalism of US and the state capitalism of China is needed to avoid a breakdown of International financial system.Correct answer is '4'. Can you explain this answer? has been provided alongside types of From among the options, choose the summary of the passage that is written in the same style as that of the passage.Twenty years after the fall of the Berlin Wall and the collapse of communism, the world is facing another stark choice betweentwo fundamentally different forms of organization: international capitalism and state capitalism. The former, represented by the United States, has broken down, and the latter, represented by China, is on the rise. Following the path of least resistance will lead to the gradual disintegration of the international financial system. A new multilateral system based on sounder principles must be invented.1. Least resistance to the International capitalism represented by US and the State Capitalism represented by China will lead to the breakdown of International financial system.2. A new multilateral economic system must be invented to prevent the rise of Chinese model of State Capitalism and the disintegration of international financial system.3. Twenty years after the fall of communism the world needs to choose between the International Capitalism represented by the US and the State Capitalism represented by China.4. A new economic system, different from the International Capitalism of US and the state capitalism of China is needed to avoid a breakdown of International financial system.Correct answer is '4'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice From among the options, choose the summary of the passage that is written in the same style as that of the passage.Twenty years after the fall of the Berlin Wall and the collapse of communism, the world is facing another stark choice betweentwo fundamentally different forms of organization: international capitalism and state capitalism. The former, represented by the United States, has broken down, and the latter, represented by China, is on the rise. Following the path of least resistance will lead to the gradual disintegration of the international financial system. A new multilateral system based on sounder principles must be invented.1. Least resistance to the International capitalism represented by US and the State Capitalism represented by China will lead to the breakdown of International financial system.2. A new multilateral economic system must be invented to prevent the rise of Chinese model of State Capitalism and the disintegration of international financial system.3. Twenty years after the fall of communism the world needs to choose between the International Capitalism represented by the US and the State Capitalism represented by China.4. A new economic system, different from the International Capitalism of US and the state capitalism of China is needed to avoid a breakdown of International financial system.Correct answer is '4'. Can you explain this answer? tests, examples and also practice CAT tests.
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