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How did a holding company help buisnesses such as the Carnegie Company and tycoons like Andrew Carnegie?

because they had monopoly it helped them crush others companies that were lower than them


How did Andrew Carnegie take an advantage of his good luck?

I need the answer fast!


Why does carnegie consider concentrations of wealth inevidable?

Andrew Carnegie believed that concentrations of wealth were inevitable due to the natural progression of industrialization and capitalism, which he argued fostered innovation and economic growth. He posited that as society advances, a small number of individuals would accumulate significant wealth through entrepreneurship and investment, while others would not. Carnegie also contended that this concentration of wealth could ultimately benefit society, as the wealthy would have the resources to support philanthropy and improve the common good.


What dies Andrew Carnegie say about human competition and the accumulation of wealth?

Andrew Carnegie, in his essay "The Gospel of Wealth," suggests that human competition is a natural and beneficial force that drives progress and innovation. He believes that the accumulation of wealth is a positive outcome of this competition, as it enables individuals to contribute to society through philanthropy. Carnegie argues that the wealthy have a moral obligation to use their fortunes for the greater good, promoting social welfare and improving the lives of others. Ultimately, he views wealth as a tool for societal advancement, rather than an end in itself.


What did Andrew carnegie do whit his wealth?

Andrew Carnegie used his wealth primarily for philanthropy, believing in the responsibility of the wealthy to give back to society. He funded the establishment of libraries, schools, and universities, and his most notable contributions include the creation of the Carnegie Corporation and the Carnegie Endowment for International Peace. Carnegie famously articulated his philosophy in "The Gospel of Wealth," advocating for the rich to use their fortunes for the greater good of humanity. Ultimately, he donated over 90% of his fortune to various charitable causes.

Related Questions

What did Andrew Carnegie do to show his concern for social justice?

Andrew Carnegie showed his concern for social justice through his philanthropic efforts, including funding libraries, educational institutions, and other public amenities. He believed in using his wealth to improve society and elevate the well-being of others.


Who said that great wealth was a resource to be used to benefit others?

Andrew Carnegie


How did a holding company help buisnesses such as the Carnegie Company and tycoons like Andrew Carnegie?

because they had monopoly it helped them crush others companies that were lower than them


How did Andrew Carnegie and his industry treat workers?

this is good


Did Andrew Carnegie treat his family good?

yes


What is the overall point that carnegie is trying to make?

Andrew Carnegie's main point in his essay "The Gospel of Wealth" is that those who are wealthy have a responsibility to use their wealth to benefit society. He argues that the rich have a duty to use their resources to help others and improve the well-being of the community. Carnegie advocates for philanthropy and believes that by giving back, wealthy individuals can contribute to the greater good of society.


Is DoomsDayDan97 A Good Gamer-Tag?

If you think it fits you then yeah, if not, then try out others.


How did carnegie take advantage of his good luck?

I need the answer fast!


What are good questions to ask about Andrew Carnegie?

What impact did Andrew Carnegie have on the American steel industry? How did Andrew Carnegie's philanthropy efforts shape society? What role did Andrew Carnegie play in labor relations and the formation of unions? How did Andrew Carnegie's rise from poverty to wealth influence his views on wealth distribution and giving back to society?


Is starwars the old republic a good game?

It is not a good game to others and to some it is, but you must try it out for yourself to see....Good luck.


Is life a game a game were you try not to die?

Good question. In some ways, it is, and in others, it is not.


How did Andrew Carnegie take an advantage of his good luck?

I need the answer fast!