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passage 1 impossible. tried on a limited scale it amounts only to co-op…

Question

passage 1
impossible. tried on a limited scale it amounts only to co-operation—different from
socialism.
fourth: the existing system is based on the rewards held out to individual effort, thus furnishing leaders who, by accumulating capital through self-denial, great moderation in the pursuit of pleasure, and strenuous work, will be eventually enabled to establish large combinations, factories, corporations of all sorts, which, as history and daily experience prove, pay even the unintelligent laborers higher wages and furnish them more security than they could possibly have obtained if left themselves as socialistic organizations. in order to obtain the best results, however, a
on which point would both authors, eggert and blanc, most likely agree?
rich people will not voluntarily give up their power.
competition leads to higher wages for workers.
monopolies should not be allowed to limit competition.
wealth is a reflection of superior skill and effort.

Explanation:

Brief Explanations

To solve this, we analyze each option:

  • Option 1: The passage doesn't focus on rich people giving up power, so not supported.
  • Option 2: The passage from Eggert (assuming) talks about how the existing system with competition (from individual effort leading to capital accumulation and large organizations) pays workers higher wages. If Blanc also relates to competition's positive effect on wages, this could be the agreement.
  • Option 3: The passage doesn't discuss monopolies limiting competition, so not relevant.
  • Option 4: The passage's focus is on the system's rewards for individual effort leading to better outcomes for workers, not wealth reflecting skill/effort directly.

Answer:

B. Competition leads to higher wages for workers.