(PLZ HELP, 25 POINTS!!) how does social Darwinism apply to business? What are it’s positive and negative effects?

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Question

how does social Darwinism apply to business? What are it’s positive and negative effects?

Answer:

The essence of Social Darwinism was a misreading of Darwinian thought to justify the advancement of big business in American society during the Gilded Age. Social Darwinists took Darwin's "survival of the fittest" and applied it to an "anything goes" atmosphere of economic growth and material acquisition.

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