The gold-for-salt trade made the Region very rich.
Answer:
Among the options given on the question the correct answer is option C.
Competition and inequality are necessary for human advancement.
Explanation: Andrew Carnegie was one of riches business man in USA during after 1800. He was the owner of the Carnegie steel and one of best seller of steel in the USA and around the world. He had $13.1 billion when he sold his business.
Besides,being a businessman he was a renowned philanthropist and business philosopher. In 1889, in an article titled "Gospel of Wealth" he mentioned about the Law of Competition which was written by himself. He said,"While the law may be sometimes hard for the individual, it is best for the race, because it insures the survival of the fittest in every department."
Though his statement, he tried to support his theory about law of Competition. Because he believed that competition makes the mentality to serve the best. When there is any inequality, it inspires someone to gain wealth and balance the rich poor difference.
So, according to the business philosophy of Carnegie " Competition and inequality are necessary for human advancement" describes his philosophy.
The answer is false, loyalists remained loyal to one area.
I think it’s renter’s insurance but I could be wrong
The correct answer is:
Aggregate Output
In Economics, The Aggregate Output is defined as the total quantity of goods and services produced by an economic system during a given period of time. This means that the aggregate output is an economy's total productivity, which goes hand to hand with the GDP, with GDP acting as the practical application of the theory of aggregate output.
