History of American Business
Herbert Spencer was a 19th-century English philosopher and sociologist known for his contributions to the development of Social Darwinism, which applied the concept of 'survival of the fittest' to human societies and economies. His ideas influenced many aspects of business practices by promoting competition as a natural law of economic growth, suggesting that only the strongest enterprises would thrive in a free market, reflecting the broader implications of Social Darwinism in American business culture.
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