USA HISTORY

WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900

SECOND INDUSTRIAL REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
This term means that the best run businesses will survive, while the others will go bankrupt and fail.
A
Laissez-faire
B
Social Darwinism
C
Socialism
D
Collective Bargaining
Explanation: 

Detailed explanation-1: -Spencer applied the idea of “survival of the fittest” to so-called laissez faire or unrestrained capitalism during the Industrial Revolution, in which businesses are allowed to operate with little regulation from the government.

Detailed explanation-2: -Social Darwinism provided wealthy and powerful people with a justification for their existence. Business owners utilized Social Darwinian beliefs to justify monopolies.

Detailed explanation-3: -survival of the fittest, term made famous in the fifth edition (published in 1869) of On the Origin of Species by British naturalist Charles Darwin, which suggested that organisms best adjusted to their environment are the most successful in surviving and reproducing.

Detailed explanation-4: -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.

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