Carnegie, a steel magnate, argued that very wealthy men like him had a responsibility to use their wealth for the greater good of society. Carnegie believed that this philanthropy should not come in the form of direct charity as the poor might squander the money.
Q. Who was Andrew Carnegie and what did he do?
Andrew Carnegie, (born November 25, 1835, Dunfermline, Fife, Scotland—died August 11, 1919, Lenox, Massachusetts, U.S.), Scottish-born American industrialist who led the enormous expansion of the American steel industry in the late 19th century. He was also one of the most important philanthropists of his era.
Table of Contents
- Q. Who was Andrew Carnegie and what did he do?
- Q. How did Carnegie gain power?
- Q. How does Carnegie see the relationship between rich and poor?
- Q. Does the document help you decide if Carnegie was a hero?
- Q. What evidence is there that Andrew Carnegie grew up poor?
- Q. How is Carnegie a hero?
- Q. What was Andrew Carnegie’s belief according to the Gospel of Wealth quizlet?
Q. How did Carnegie gain power?
In 1859, Carnegie succeeded his boss as railroad division superintendent. While in this position, he made profitable investments in a variety of businesses, including coal, iron and oil companies and a manufacturer of railroad sleeping cars. By the time he was in his early 30s, Carnegie had become a very wealthy man.
Q. How does Carnegie see the relationship between rich and poor?
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.
Q. Does the document help you decide if Carnegie was a hero?
We chose Document 4 as a hero because his iron production cost to sale is going down. The reason this is good is because the price-per-ton is less making the iron cheaper to the consumer. We chose this as a non hero because he owned a huge chunk of the industry in the north in the steel industry.
Q. What evidence is there that Andrew Carnegie grew up poor?
What specific evidence is there in the Background Essay that Andrew Carnegie grew up poor? He went to a one room school that had 150 kids. Because of poverty, he moved to America and lived in an attic. You just studied 16 terms!
Q. How is Carnegie a hero?
Carnegie’s philanthropy is a good reason why Carnegie was a hero because he believed that the rich should be giving money so it is distributed evenly instead of giving all the inheritance to a family member. This way, the community would strive more as a whole.
Q. What was Andrew Carnegie’s belief according to the Gospel of Wealth quizlet?
It was the belief that the rich had a responsibility to spend their money to benefit the greater good and that they needed to give back to the poor in some way.
