Exploring the Validity of American Capitalism in the Late 19th Century
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Questions and Answers

Which of the following arguments were made to justify American capitalism in the late 19th century?

  • Capitalism promotes economic growth and innovation. (correct)
  • Capitalism ensures equal distribution of wealth.
  • Capitalism encourages government intervention in the economy.
  • Capitalism provides social safety nets for all citizens.

    • How valid was the defense of American capitalism in the late 19th century?

  • The defense was partially valid but had some flaws. (correct)
  • The defense was entirely invalid and widely criticized.
  • The defense was completely valid and widely accepted.
  • The defense was mostly invalid and lacked evidence.

    • Which of the following was not an argument used to justify American capitalism in the late 19th century?

  • Capitalism leads to social progress and individual freedom.
  • Capitalism rewards hard work and merit.
  • Capitalism encourages competition and efficiency.
  • Capitalism ensures fair and equal distribution of wealth. (correct)

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