USA HISTORY

WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900

ANDREW CARNEGIE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Two things a rich person should not do with his fortune according to Carnegie.
A
Not leave their money to their children
B
Not leave their money without a wise distribution plan
C
Leave their money to their children
D
Not share wealth that was hard-earned
Explanation: 

Detailed explanation-1: -He believed in the “Gospel of Wealth, ” which meant that wealthy people were morally obligated to give their money back to others in society. Carnegie had made some charitable donations before 1901, but after that time, giving his money away became his new occupation.

Detailed explanation-2: -There are but three modes in which surplus wealth can be disposed of. It can be left to the families of the decedents; or it can be bequeathed for public purposes; or, finally, it can be administered during their lives by its possessors.

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