WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
ANDREW CARNEGIE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Emphasize the arguments made earlier in the paragraph
|
|
|
Reintroduce a new concept to the audience
|
|
|
Go against the previous statement made
|
|
|
To support his arguments of the rich have a duty to serve the public.
|
|
|
All of the above
|
Detailed explanation-1: -The central thesis of Smith’s The Wealth of Nations is that our individual need to fulfill self-interest results in societal benefit. He called the force behind this fulfillment the invisible hand.
Detailed explanation-2: -In common language, the terms “rich” and “poor” are often used in a relative sense: A “poor” person has less income, wealth, goods, or services than a “rich” person. When considering nations, economists often use gross domestic product (GDP) per capita as an indicator of average economic well-being within a country.
Detailed explanation-3: -Arguments for Globalization. Benefits of globalization include access to larger markets, better allocation of resources, increased business opportunities, improved product quality, and consumer benefits.