WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
ANDREW CARNEGIE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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he said that a man who died with his fortune intact was disgraced and he felt that money should be used to better mankind.
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he said that a man who died with his fortune gone was disgraced and he felt that money should be used to better mankind.
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he said that a man who died with his fortune intact was disgraced and he felt that money should be used to destroy mankind.
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None of the above
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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: -He became a leading philanthropist in the United States, Great Britain, and the British Empire. During the last 18 years of his life, he gave away around $350 million (roughly $5.5 billion in 2021), almost 90 percent of his fortune, to charities, foundations and universities.
Detailed explanation-3: -Carnegie believed in giving wealth away during one’s lifetime, and this essay includes one of his most famous quotes, “The man who dies thus rich dies disgraced.” Carnegie’s message continues to resonate with and inspire leaders and philanthropists around the world.
Detailed explanation-4: -In an 1889 essay, steel magnate Carnegie told his fellow business leaders, “The man who dies thus rich dies disgraced.” Carnegie believed that the wealthy should repay their debt to society.