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.
17 d because laissez faire is no or very little govt regulation in the economy and business 18 not sure I would go with a or d
Both forced people to convert to their respective religions and this was the way in which the influence of Christianity and Islam on post classical society similar. The correct option among all the options that are given in the question is the first option or option "a".
