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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Carnegie expands his steel monopoly
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Carnegie establishes libraries throughout the nation
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Rockefeller expands his oil monopoly.
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Rockefeller funds presidential candidates.
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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. In other words, the richest Americans should actively engage in philanthropy and charity in order to close the widening gap between rich and poor.
Detailed explanation-2: -Which of the following best reflects the ideas promoted by Andrew Carnegie in the excerpt? The wealthy should engage in philanthropy that enriches the lives of others.
Detailed explanation-3: -Andrew Carnegie (1835-1919) was one of the most successful businessmen and most recognized philanthropists in history. His entrepreneurial ventures in America’s steel industry earned him millions and he, in turn, made great contributions to social causes such as public libraries, education and international peace.
Detailed explanation-4: -Which Constitutional amendments were passed through the efforts of the Progressive Movement? The amendments that granted women’s suffrage, prohibited the sale of alcohol, and allowed the federal government to levy an income tax.