Question

What did Henry Demarest Lloyd believe was the solution to poverty, or was he fine with the inequalities of society? Did he agree or disagree with William Sumner?

a) He believed in socialism as a solution to poverty and disagreed with William Sumner.
b) He advocated for laissez-faire capitalism and agreed with William Sumner.
c) He proposed government intervention and disagreed with William Sumner.
d) He accepted social inequalities as inevitable and agreed with William Sumner.

Answer 1

Henry Demarest Lloyd believed in government intervention as a solution to poverty and disagreed with William Sumner's advocacy for laissez-faire capitalism.

Step-by-step explanation:

Henry Demarest Lloyd believed in government intervention as a solution to poverty. He disagreed with William Sumner and proposed that a stronger government is needed to coordinate and redistribute wealth in society. This is in contrast to Sumner's belief in laissez-faire capitalism, which promotes minimal government intervention in the market economy.