Which statement best describes an attitude shared by John D. Rockefeller, Andrew Carnegie, and J. P. Morgan?

The available options are:

(1) Economic competition is inefficient and wasteful.

(2) Strong labor unions are essential to the health of the economy.

(3) Natural resources belong to all citizens and should not be used for private gain.

(4) Concentrating economic power in the hands of a few individuals is a threat to the country.

Economic competition is inefficient and wasteful

Explanation:

The statement best describes an attitude shared by John D. Rockefeller, Andrew Carnegie, and J. P. Morgan is "Economic competition is inefficient and wasteful."

This is evident in the fact that all these three aforementioned wealthy Americans were popularly known for their tendency to develop any form of monopoly in their various business industry.

To them, the existence of economic competition leads to inefficiency. Hence, they always prefer to eliminate the competition, before committing massive investments for the needed growth and development, instead of outwitting the competitors.

the image shown is not a reliable source. it is not a photograph taken of the event, and it is not a painting created by someone who witnessed the event. the image can be considered yellow journalism because it is sensational and exaggerated. the explosion did not likely cause bodies to fly in the air or create a large fireball, as shown here. the image was created to make the american public angry about the explosion, not to show what actually happened.

the painting is not reliable.

the painting is exaggerated.

the painting is inaccurate.

the painting was created to make the public angry, not to show what really happened.

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