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Why would a rich man like Andrew Carnegie support the estate tax?
Because his wealth was self-made and he believed that people should have to work to be wealthy and not just be born into it. He also was a philanthropist and believed that wealthy people should give their money away rather than create a dynasty.
Who became the richest man in the world by 1901 by investing in the steel industry and selling railroads?
Andrew Carnegie
Is Scrooge a wealthy man?
Yes and he cares about his money more than anything.
How did Andrew Carnegie define wealth?
In 2007, the New Republic Online reviewed a book, Andrew Carnegie, by David Nasaw. According to the review. . .>>"Carnegie . . .was one of the few rich Americans who could claim to be a self-made man. But, to his credit, he refused to do so, locating the source of his wealth -- indeed, of any millionaire's wealth -- in "the community," by which he meant that he had been in the right place at the right time: Pittsburgh in the 1870s, when the shift from iron to steel was about to take off. And as Nasaw convincingly shows, Carnegie also had a knack for insinuating himself with corporate mentors and turning them into dependable cronies.
Who is Andrew Carnegie?
Andrew Carnegie was one of the wealthiest men during the 1800's, he revolutionized the steel industry during the era of railroad expansion. He was rich. This was because he had lots of business with the industries and he sold steel at very low prices.Emma - The Life of Andrew Carnegie in a little more detail....Andrew Carnegie was the son of a handloom weaverHe was born in Dunfermline, Scotland, on 25th November, 1835.The economic depression of 1848 convinced the Carnegie family to emigrate to the United States where they joined a Scottish colony near Pittsburgh.Andrew began work aged 12 in a local cotton factory but continued his education by attending night school.At 14 Carnegie became a messenger boy in the local Pittsburgh Telegraph Office. His abilities were noticed by Thomas A. Scott, the superintendent of the western division of the Pennsylvania Railroad.After the war Carnegie succeeded Scott as superintendent of the western division of the Pennsylvania Railroad.Carnegie invested in many factories . The most important of these was Keystone Bridge, a company which he owned a one-fifth share.Carnegie decided that steel would now replace iron for the manufacture of heavy goods.Carnegie wrote a series of books including Round the World (1881), An American Four-in-Hand in Britain (1883) and Triumphant Democracy (1886), where he compared the egalitarianism of America with the class-based inequalities of Britain and other European countries.The Carnegie Steel Company was valued at $25 million and was now the largest steel company in the world.The Carnegie Steel Company continued to expand and between 1889 and 1899.Carnegie now had a personal fortune of $225,000,000.Carnegie set built 3,000 public libraries (380 of these in Britain), also included were the Carnegie Institute of Pittsburgh, the Carnegie Institute of Technology and the Carnegie Institution of Washington for research into the natural and physical sciences.By the time Andrew Carnegie died in August, 1919, he had given away $350,000,000. A further $125 million was placed with the Carnegie Corporation to carry on his good works.A Scottish born US steel industrialist turned philanthropist.
What kind of man was carnegie as a person?
Andrew Carnegie was known for being a wealthy industrialist and philanthropist. He was ambitious, shrewd in business, and a major player in the steel industry. Carnegie also had a reputation for supporting various charitable causes and promoting education through his philanthropic endeavors.
What social class was Andrew carnegie from?
Andrew Carnegie was born into a working-class family in Scotland. Through his entrepreneurial endeavors in the United States, he became one of the richest men in history, and is often associated with the upper class or "robber barons" of the Gilded Age.
What man dominated the steel industry during America's industrial era?
Andrew Carnegie-apex
Why would a rich man like Andrew Carnegie support the estate tax?
Because his wealth was self-made and he believed that people should have to work to be wealthy and not just be born into it. He also was a philanthropist and believed that wealthy people should give their money away rather than create a dynasty.
What man had a monopoly in a steel industry?
Andrew Carnegie
Who is the second richest man in history?
Andrew Carnegie
What is Andrew carnegie?
Andrew Carnegie was not a religious man per se, however, he did attend a Presbyterian Church for many years. Carnegie was an industrialist who made his fortune in the steel industry.
Was Will Smith wealthy as a child?
Will smith was not at all wealthy when he was young man.
Was carnegie the second richest man on earth?
bill gates
What was Andrew Carnegie vision?
Andrew Carnegie's vision was to use his wealth to improve society through philanthropy. He believed in the concept of "the Gospel of Wealth," which meant that the wealthy had a responsibility to use their fortunes to benefit society through education, culture, and social welfare programs. Carnegie funded the construction of libraries, schools, and universities, and his legacy continues through various charitable foundations.
Wealthy man who was portrayed as a man of the people?
Harrison
A wealthy man who was portrayed as a man of the people?
Harrison
