Capitalist Conservatism and Its Critics
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Questions and Answers

Why did wealthy capitalists defend their wealth and power?

  • Because they were supported by the government
  • Because they believed in the ideology of individualism (correct)
  • Because they inherited their wealth and power
  • Because they were born into a privileged class
  • Who introduced the theory of Social Darwinism?

  • Charles Darwin
  • The industrial titans
  • William Graham Sumner
  • Herbert Spencer (correct)
  • What did Social Darwinism argue?

  • That individuals rose or fell in society based on their innate 'fitness' (correct)
  • That individuals rose or fell in society due to luck
  • That society should support the unfit
  • That wealth and power should be distributed equally
  • Andrew Carnegie wrote an article in 1889 titled 'The Gospel of Wealth' in which he argued that people of wealth should use their riches for the good of the community.

    <p>True</p> Signup and view all the answers

    Critics of the industrial and financial titans claimed that they earned their wealth because of the innate fitness of those who succeeded.

    <p>False</p> Signup and view all the answers

    Russell H. Conwell delivered a lecture called 'Acres of Diamonds' more than 6,000 times between 1880 and 1900.

    <p>True</p> Signup and view all the answers

    Horatio Alger was originally a minister in a small town in Massachusetts.

    <p>True</p> Signup and view all the answers

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