Which of the following did the Populist Party believe would solve U.S. economic problems?
(1 point)
• currency reform
• savings banks
• new policies on Native Americans
• renewed immigration policies
currency reform
There remains, then, only one mode of using great fortunes...Under its sway we shall have an ideal state, in which the surplus wealth of the few will become, in the best sense, the property of the many, because administered for the common good, and this wealth, passing through the hands of the few, can be made a much more potent force for the elevation of our race than if it had been distributed in small sums to the people themselves. Even the poorest can be made to see this, and to agree that great sums gathered by some of their fellow citizens and spent for public purposes, from which the masses reap the principal benefit, are more valuable to them than if scattered among them through the course of many years in trifling amounts.
—Andrew Carnegie, 1889
Use the quote to answer the question.
Which idea does this passage express?
(1 point)
• Manifest Destiny
• Gospel of Wealth
• Wealth of Nations
• Social Darwinism
Gospel of Wealth
Which economic practice helps motivate companies to keep prices low and improve product quality?
(1 point)
• combination
• consolidation
• competition
• overproduction
competition
Which was the main reason for the slow growth of labor unions in the United States during the 19th century?
(1 point)
• presence of language and cultural barriers among workers
• existence of adequate wages and good working conditions
• lack of public and legal support for union activities
• rejection of unionization by skilled workers