How did the theory of social Darwinism affect the governments relationship to big business ?

1 answer:

5 0

Social Darwinism most heavily affected the US government's relationship to big business during the late 1800s, coined by Mark Twain as "the Gilded Age." The theory affected this relationship by convincing (or allowing politicians to convince themselves) that only the strongest will survive and thus the government operated under a laissez-faire system (French for "hands off"). The government felt it should not regulate or weigh in on business issues and instead let businesses conduct affairs amongst themselves; however, this led to the creation of large monopolies, the formation of a moneyed elite still with us today, and the creation of the now huge wealth gap between the richest and poorest Americans.

You might be interested in

Which of the following is considered to be a "fundamental" rather than "immediate" cause of world war 1

Nuetrik [128]

Correct answer: C. Formation of secret alliances

The other items all fall more into the category of "immediate causes."

Explanation:

Pre-war alliances between European nations were made in secret and elevated diplomatic tensions within those governments. Or sometimes the fact that alliances were being made was announced publicly -- but the negotiations about the alliances were conducted behind closed doors. And often the terms of the alliances were kept secret, so that only the parties involved knew the full details. This business of conspiring and posturing in regard to alliances contributed to an attitude of escalating nervousness and tension as the nations of Europe maneuvered for strength over against their perceived adversaries. This was a fundamental problem that lay behind the ultimate outbreak of the Great War (as World War I was called at the time it occurred).

6 0

3 years ago

Who was third president

UkoKoshka [18]

Answer:

Thomas Jefferson

Explanation:

8 0

2 years ago

Read 2 more answers

Which was the first major civilization to appear? O Aztecs Incas Mayas Olmecs

nadya68 [22]

The Mayans

Explanation:

there are a lot more ancient than the Aztecs and the olmecs

6 0

2 years ago

Explain how the cultures of Northern Europe have led its people to create powerful governments and thriving economies give examp

andreyandreev [35.5K]

Answer:

The have developed the Nordic Model.

Explanation:

The Nordic Model combines a capitalist economy with a welfare state. Ideologically, it can be said that the Nordic Model is essentially Social-Democratic.

In these Northern European countries, the economy is not centralized, and the means of production are not owned by the state, as it happens in socialist/communist countries like Cuba or North Korea, and in the Past, the Soviet Union, and Mao's China. The opposite is true: the economy is mosty free, there are few trade barriers, corporate taxes are not too high, and competition and innovation are promoted.

At the same time, people pay very high taxes, in the form of income, sales and property taxes. These taxes fund a welfare system consisting in free healthcare, free college, unemployment benefits and public housing. Note that things are not actually free because people fund them through taxes, but people pay those taxes according to their income, and if for example, they need medical care, they do not have to pay a lot of money out of pocket (frequently, the do not have to pay anything at all to visit a doctor, or get prescriptions).

The system has been succesful because corruption is low. There is also a great deal of social cohesion, and most people are glad to pay their high taxes because they know those taxes are being used well.

6 0

2 years ago

What was the impact of the United States decision to purchase Alaska?

Svetlanka [38]

A major motivation behind the United States’ decision to purchase Alaska was the established seal fishery industry in the territory promised economic benefits.

HOPE THIS HELPS

4 0

2 years ago

Read 2 more answers