According to carnegie, what are the benefits of competitive capitalism?

According to Carnegie, capitalism was beneficial over socialism as competition and the struggle to achieve would, generation after generation, bring the best and the brightest to the top. According to him, in a capitalist society the people have the capacity and ambition to naturally prosper while others lag.

the federalist party which advocated strong centralization dominated the united states government till 1800. so 1800 election transformed the power from one party to another party for the first time and was thus a turning point in american history. so jefferson called it "revolution of 1800".

explanation:

due to inefficiency of management, the business plan has failed

idk what right product means but i assume it's this one since this was the last one left after i did the other three

the finance team has misjudged the requirement of business plan and chosen a wrong line of credit

operations risk is when the employees make a mistake

flash floods have damaged all machinery in the main manufacturing

natural disasters include anything ruined in the business by the weather or other disasters such as earthquakes

there have been foreign exchange rate fluctuations

economic risks is when things in the economy changes (like interest rates, currency value). the government has a large part in controlling this