What does Truman mean when he says “We have rejected the discredited theory that the fortunes of the Nation should be in the hands of a privileged few”?

Truman is rejecting the idea that a small, privileged group should control the nation’s economic fortunes. He is suggesting that prosperity should benefit Americans broadly, rather than being concentrated among a wealthy few. Choice C, “Wealth should be enjoyed by all Americans,” best expresses that meaning.

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