The Social Theory of Social Darwinism

question 35

Multiple Choice

The social theory of Social Darwinism

• A)argued the new industrial economy was limiting the potential for individual wealth.
• B)contended that ruthless corruption may be necessary in the attainment of wealth.
• C)was created by Charles Darwin to explain industrial economies.
• D)promoted the idea that capitalism offered all people a chance for great wealth.
• E)argued that it behooved industrial titans to spread their wealth to the lower classes.

---

Definitions:

Frictional Unemployment

A type of unemployment that occurs when workers are between jobs, often due to searches for better positions or relocations.

Structural Unemployment

Unemployment caused by a mismatch between the skills or locations of job seekers and the requirements or locations of available jobs.

Full Employment

An instance in which all obtainable labor forces are deployed in the most economically advantageous way.

Consumer Price Index

An indicator of inflation that looks at the weighted average costs of a collection of consumer goods and services.