WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
AMERICAN INDUSTRY DEVELOPMENT IN THE GILDED AGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
How the Other Half Lives
|
|
|
The Social Gospel
|
|
|
The Gospel of Wealth
|
|
|
The Capitalists’ Guide to Wealth
|
Detailed explanation-1: -In “The Gospel of Wealth, ” Carnegie argued that extremely wealthy Americans like himself had a responsibility to spend their money in order to benefit the greater good.
Detailed explanation-2: -Originally titled simply “Wealth” and published in the North American Review in June 1889, Andrew Carnegie’s essay “The Gospel of Wealth” is considered a foundational document in the field of philanthropy.
Detailed explanation-3: -The purpose of The Gospel of Wealth was how to deal with the issue of wealth inequality that was budding in the United States. He felt the wealthy needed to utilize their excess prosperity thoughtfully and responsibly. Carnegie argued that excess wealth should be used to benefit society.
Detailed explanation-4: -A rich person’s moral duty, in Carnegie’s view, is thus to live modestly, provide moderately for his dependants, and administer all surplus wealth in the manner which produces the most beneficial results for the community.