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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Using wealth & fortune to create better opportunities for others.
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Use of corruption and deceit to influence individuals.
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Either A or B
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None of the above
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Detailed explanation-1: -They are altruistic. Philanthropic people show selfless concern for the welfare of others and venture to alleviate the struggles of others without seeking anything for their own personal benefit. Truly philanthropic acts are done without expectation of compensation or recognition of one’s efforts.
Detailed explanation-2: -Philanthropists are typically rich individuals who use their wealth to establish or support charitable causes and institutions like foundations, hospitals, museums, libraries, and more.
Detailed explanation-3: -Philanthropy typically describes contributing substantial amounts of money to nonprofit organizations by individuals, foundations and corporations. But it may also include anyone who contributes their time, talent or money to causes that benefit the common good or improve the quality of life for society.
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.