Question

The quote below was written by a prominent figure in 1889:

"While the law [of competition] may be sometimes hard for the individual, it is best for the race, because it insures the survival of the fittest in every department. We accept and welcome, therefore, as conditions to which we must accommodate ourselves, great inequality of environment, the concentration of business, industrial and commercial, in the hands of a few, and the law of competition between these, as being not only beneficial, but essential for the future progress of the race."

Proponents of the philosophy represented by this quote believed in


limited government intervention in the economy
government assistance for those in poverty
governmental control of utilities and transportation
equal opportunities for foreign and native-born workers

Answer 1

Proponents of the philosophy represented by this quote believed in
limited government intervention in the economy. This is because the proponents was thinking that the change in the environment and enforcing of laws are needed in the future.

Answer 2

The correct answer is limited government intervention in the economy. Proponents of this quote believed in capitalism and entrepreneurship as vital in creating prosperity. As a result, they were opposed to government intervening to control business for instance to promote equality.