USA HISTORY

THE VIRGINIA DYNASTY 1801 1825

AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Term associated with the idea that the strongest, most clever, most efficient business will survive and the weak businesses will die out.
A
Social Darwinism
B
Sherman Antitrust
C
Economies of Scale
D
Holding companies
Explanation: 

Detailed explanation-1: -Survival of the fittest means the strongest will survive and the weak will die. The ‘fittest’ will succeed over the weaker and they’re the fittest to do so.

Detailed explanation-2: -Social Darwinism is a term scholars use to describe the practice of misapplying the biological evolutionary language of Charles Darwin to politics, the economy, and society. Many Social Darwinists embraced laissez-faire capitalism and racism.

Detailed explanation-3: -The survival of the fittest theory was put forward by Charles Darwin and he suggested that the organisms best adapted to the environment are more likely to survive and reproduce. Natural selection: It is a key feature of evolution that was proposed by Charles Darwin.

Detailed explanation-4: -The term “social Darwinism” first appeared in Europe in 1880, and journalist Emilie Gautier had coined the term with reference to a health conference in Berlin 1877. Around 1900 it was used by sociologists, some being opposed to the concept.

Detailed explanation-5: -Social Darwinists believed that people, like animals and plants, compete for survival and, by extension, success in life” (Encarta 96). Under this theory, the individuals who acquire the power and wealth are deemed the fittest, while those of lower economic and social levels are considered the least fit (Griffin.

There is 1 question to complete.