Economic Determinism is the name of a theory used to explain and interpret historical events and development. Its main premise is that
Group of answer choices
Economic structures and the role of the economic elite determine the nature and development of all other structures (political, social, and legal).
In a command economy, it is the economic elite that determines the production and distribution of goods and wealth.
In a market economy, it is the law of supply and demand that determines the production and distribution of goods and wealth.
Political, social, and legal structures determine the nature and development of economic structures and the role of the economic elite.