Considering that the term 'capitalism' was not widely used by the system's early proponents but was instead popularized by its critics, what is the most logical implication of this historical origin for the word's modern usage?

A self-sufficient individual's trade-offs between producing a good and enjoying free time are shown on a graph. The curved line representing the maximum possible combinations of the good and free time is the 'feasible frontier'. The individual's preferences are shown by indifference curves, where curves further from the origin represent greater satisfaction. The individual is currently at an allocation 'Point N', which lies on indifference curve IC_N. Which option correctly identifies the set of all allocations that are both technically efficient and would be considered an improvement for the individual (making them at least as well off as they are at Point N)?

The term 'capitalism' was originally coined and promoted by early proponents of the system, such as 18th-century factory owners and merchants, to positively describe their economic activities.

The Historical Origin of the Term 'Capitalism'

The Influence of Origin on Economic Terminology

A firm produces 100 metres of cloth and is evaluating different production technologies. Given a wage of £10 per worker and an energy input price of £20 per ton, match each technology (described by its input requirements) to its total production cost.

Analyzing Historical Economic Discourse

The term 'capitalism' was not widely used by its early proponents but was instead popularized by its ______, such as socialists.

Match each historical group with its role in the evolution of the term 'capitalism'.

Arrange the following events concerning the term 'capitalism' into the correct chronological order, from earliest to most recent.