The correct answer is option D " …in a changing world worthy institutions can be conserved only by adjusting them to the changing time". Calvin Coolidge was the 30th president of the United States, a republican lawyer that had a successful political life. His philosophy against active government was that institution should change with the government in order to stay active and productive to the society.
The available options are:
(1) Economic competition is inefficient and wasteful.
(2) Strong labor unions are essential to the health of the economy.
(3) Natural resources belong to all citizens and should not be used for private gain.
(4) Concentrating economic power in the hands of a few individuals is a threat to the country.
Answer:
Economic competition is inefficient and wasteful
Explanation:
The statement best describes an attitude shared by John D. Rockefeller, Andrew Carnegie, and J. P. Morgan is "Economic competition is inefficient and wasteful."
This is evident in the fact that all these three aforementioned wealthy Americans were popularly known for their tendency to develop any form of monopoly in their various business industry.
To them, the existence of economic competition leads to inefficiency. Hence, they always prefer to eliminate the competition, before committing massive investments for the needed growth and development, instead of outwitting the competitors.
C.
is the right answer i think because in the middle ages most people live in the countryside .
good luck
The Yurrr gush’s the answer is H don’t mad it I’m wrong guys air envy is. Have u s I’ve herb
I think it is b I hope I helped you have a nice day
