WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
AMERICAN INDUSTRY DEVELOPMENT IN THE GILDED AGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Social Darwinism
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conspicuous consumption
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Gospel of Wealth
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nativism
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Detailed explanation-1: -Robber Barons used the ideas of Social Darwinism, the notion that corporate consolidations provided social mobility and opportunity, and the great economic prosperity available to justify the existence of monopolies.
Detailed explanation-2: -Social Darwinists believe in “survival of the fittest”-the idea that certain people become powerful in society because they are innately better. Social Darwinism has been used to justify imperialism, racism, eugenics and social inequality at various times over the past century and a half.
Detailed explanation-3: -Many Social Darwinists embraced laissez-faire capitalism and racism. They believed that government should not interfere in the “survival of the fittest” by helping the poor, and promoted the idea that some races are biologically superior to others.
Detailed explanation-4: -The theory of Social Darwinism was often used to support big business. Business leaders claimed that they also had to ruthlessly compete in order to survive. Business leaders used Social Darwinism to justify horrible working conditions.
Detailed explanation-5: -In turn, these monopolies were built upon the liberal use of tactics that are today the hallmark of organized crime: intimidation, violence, corruption, conspiracies, and fraud.