Necessary AssumptionDiff: Hard
Logic Breakdown
Passage Summary: Even though democracies and free markets go together, you sometimes have to restrict business during the messy transition from a dictatorship, so don't complain about those restrictions yet.
Conclusion: Critics of current anti-capitalist measures in transitioning governments are judging the situation too quickly.
Reasoning: While democracy eventually requires a free market, the actual process of moving from a dictatorship to a democracy necessitates temporary restrictions on certain capitalist activities.
Analysis: The banker assumes that the specific measures being criticized are actually the 'repressive measures' necessary for the transition. There is a gap between the general historical fact that some measures are needed and the specific conclusion that these current measures are justified. Look for an answer that connects the current actions of these governments to the necessary steps of a democratic transition. If these measures weren't actually part of that transition, the banker's defense would fall apart.
Conclusion: Critics of current anti-capitalist measures in transitioning governments are judging the situation too quickly.
Reasoning: While democracy eventually requires a free market, the actual process of moving from a dictatorship to a democracy necessitates temporary restrictions on certain capitalist activities.
Analysis: The banker assumes that the specific measures being criticized are actually the 'repressive measures' necessary for the transition. There is a gap between the general historical fact that some measures are needed and the specific conclusion that these current measures are justified. Look for an answer that connects the current actions of these governments to the necessary steps of a democratic transition. If these measures weren't actually part of that transition, the banker's defense would fall apart.
Passage Stimulus
Passage Redacted
Unlock Full Passage20.Which one of the following is an assumption required by the investment banker's argument?
Correct Answer
E
E supplies the crucial link: the governments whose measures are criticized had totalitarian regimes in the recent past, so the historical transition rationale applies. Negation test: if they did not have totalitarian regimes in the recent past, the transition-based defense collapses, and the conclusion that critics are hasty no longer follows.
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