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The growth of business is merely a survival of the fittest....The American Beauty rose can be produced in the splendor and fragrance....only by sacrificing the early buds which grow up around it. This is not an evil tendency in business. It is merely working out a law of nature and a law of God."

The author of the passage above is most likely a member of which group:

User Prashant M Bhavsar
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2 Answers

16 votes
16 votes

Answer:

Answer:

The quote you provided is a statement made by John D. Rockefeller, an American business magnate and philanthropist who was one of the wealthiest people in history.

Step-by-step explanation:

In this quote, Rockefeller is suggesting that the growth and success of businesses is determined by their ability to survive and thrive in a competitive marketplace, which he compares to the natural world. He argues that this process of competition and survival is not inherently evil, but is instead a reflection of laws that govern both nature and God. This statement is an example of laissez-faire economics, which is a philosophy that advocates for minimal government intervention in the economy and emphasizes the role of market forces in determining the allocation of goods and services.

User Johan Willfred
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2.7k points
17 votes
17 votes

Answer:

The quote you provided is a statement made by John D. Rockefeller, an American business magnate and philanthropist who was one of the wealthiest people in history.

Step-by-step explanation:

In this quote, Rockefeller is suggesting that the growth and success of businesses is determined by their ability to survive and thrive in a competitive marketplace, which he compares to the natural world. He argues that this process of competition and survival is not inherently evil, but is instead a reflection of laws that govern both nature and God. This statement is an example of laissez-faire economics, which is a philosophy that advocates for minimal government intervention in the economy and emphasizes the role of market forces in determining the allocation of goods and services.

User GalacticJello
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2.7k points