WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
GILDED AGE POLITICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Social Gospel etiquette.
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the settlement house venture.
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social welfare.
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the Gospel of Wealth.
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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: -Andrew Carnegie’s principles are dictated by the “law of competition, ” which states that the fittest will survive, and “social Darwinism, ” which states that wealth in the hands of a few was good for all of society and they would make the best out of it.
Detailed explanation-3: -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.
Detailed explanation-4: -Andrew Carnegie He became convinced that men like him had a responsibility to spend their money to benefit the greater good. This belief became known as the Gospel of Wealth.