USA HISTORY

WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900

SECOND INDUSTRIAL REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
believed in giving his money back under his ‘Gospel of Welath” policy
A
Andrew Carnegie
B
John Rockefeller
C
Eugene Debs
D
Cornelius Vanderbilt
Explanation: 

Detailed explanation-1: -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. He argued that the affluent had a unique responsibility to be philanthropic.

Detailed explanation-2: -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-3: -What did Carnegie do to ensure that his money would be used to help society? He built libraries that everyone could use. believed less fortunate people were sinners and deserved their station in life.

There is 1 question to complete.