USA HISTORY

WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900

AMERICAN INDUSTRY DEVELOPMENT IN THE GILDED AGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is a philanthropist?
A
businessmen who use unethical practices to be wealthy or powerful.
B
a factory worker who lives in poverty.
C
a businessman who shapes our economy positively, creates new jobs, gives wealth away.
D
None of the above
Explanation: 

Detailed explanation-1: -Philanthropy is defined as promoting and attempting to bring about social change by majorly making generous financial contributions. A philanthropist is someone who decides to invest in a social sector a portion of their wealth, time or knowledge for a cause that they believe in.

Detailed explanation-2: -A philanthropist is a person who donates time, money, experience, skills or talent to help create a better world. Anyone can be a philanthropist, regardless of status or net worth.

Detailed explanation-3: -A philanthropist is someone who engages in philanthropy; that is, someone who donates his or her time, money, and/or reputation to charitable causes.

Detailed explanation-4: -Business or corporate philanthropy is when companies donate time or money to a charitable organization. It may be a company-wide effort or the work of a CEO philanthropist. Examples of business philanthropy include pro bono work, group volunteer activities, and the collection of donations at the workplace.

Detailed explanation-5: -Philanthropists are typically rich individuals who use their wealth to establish or support charitable causes and institutions like foundations, hospitals, museums, libraries, and more.

There is 1 question to complete.