WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
AMERICAN INDUSTRY DEVELOPMENT IN THE GILDED AGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Philanthropists
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Politicians
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Monopolists
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Do-gooders
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Detailed explanation-1: -Jamsetji Tata is the world’s biggest philanthropist of the last century with donations worth $102.4 billion, much ahead of Bill Gates, Warren Buffett and more.
Detailed explanation-2: -George Peabody (1795–1869) is the acknowledged father of modern philanthropy. A financier based in Baltimore and London, in the 1860s he began to endow libraries and museums in the United States, and also funded housing for poor people in London.
Detailed explanation-3: -1-Jamsetji Tata: With donations totalling worth US$102.4bn, Father of the Indian Industry Jamsetji Tata (1839-1904) became the world’s biggest philanthropist in the last 100 years. His total philanthropic value is made up of 66% of Tata Sons, estimated at US$100bn, solely based on the value of listed entities.
Detailed explanation-4: -Since the year 2000, Warren Buffett has given more than $46 billion to charity and is commonly known as one of the world’s biggest philanthropists.