USA HISTORY

THE VIRGINIA DYNASTY 1801 1825

AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
act of “ charitable giving”
A
Union
B
Philanthropy
C
Monopoly
D
Sherman Antitrust Act
Explanation: 

Detailed explanation-1: -Philanthropy refers to charitable acts or other good works that help others or society as a whole. Philanthropy can include donating money to a worthy cause or volunteering time, effort, or other forms of altruism.

Detailed explanation-2: -It meant “love of humanity.” Today, philanthropy means generosity in all its forms and is often defined as giving gifts of “time, talent and treasure” to help make life better for other people. You can practice philanthropy by making a monetary gift, such as a donation to a cause you believe in.

Detailed explanation-3: -Philanthropy is more long-term and strategic and often involves making multiple gifts to help people over a number of years. While charity is focused on providing immediate relief to people and is often driven by emotions, philanthropy is focused on helping people and solving their problems over the long-term.

Detailed explanation-4: -Yet though philanthropists have sought to cultivate connection among the members of American society, they have not always understood this task in the same way. In the brief history of this nation, we have seen three distinctive philanthropic traditions: Relief, Improvement, and Social Reform.

Detailed explanation-5: -Recalling the meaning of term “philanthropy” in the ancient Greek as “love of humanity, ” philanthropic CSR can be defined as corporate behaviors of spending its financial and/or other resources in the solution of social and environmental problems.

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