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Industrialisation and Big Business · US History

Andrew Carnegie’s 'Gospel of Wealth' argued that:

  1. God bestows wealth only upon those who are morally upright
  2. Inheritance taxes should be completely abolished to keep wealth within families
  3. The rich should use their surplus wealth for the benefit of the community
  4. Charity should be given directly to individuals in the form of cash
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Correct answer: The rich should use their surplus wealth for the benefit of the community

Carnegie believed that the wealthy acted as 'trustees' for the poor. He advocated for philanthropy that provided the means for self-improvement, such as the funding of public libraries and universities.

Difficulty: Medium Question 4 of 20

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