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Some industrialists were called philanthropists because they used their wealth to support charitable causes, such as building schools, libraries, and hospitals. By giving back to society in this way, they sought to improve the well-being of their communities and leave a positive legacy.

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Q: Why were some industrialists called philanthropists?
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Why were powerful industrialists sometimes seen as philanthropists?

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A philanthropist, by definition, gives away time/money/assets to fellow man. Many poor people are philanthropists, spending their time helping others in every conceivable way. Many rich people are philanthropists, returning some of their wealth, gained from the community, back to the community in the form of schools, museums, libraries etc. Many philanthropists are millionares or multimillionares. In between the very rich and the very poor, many philanthropists are just ordinary folk, with average income/earnings/wages/profits who decide to share some of what they have with some who do not have. So, in monetary terms, some philanthropists make a lot, some don't make anything. But in other ways, they all make much with what they have. In all philanthropists do not make money but they give it away, there is no pay check to be a philanthropist. * For more information, see 'Related Links' below this box.


When was The Ragged-Trousered Philanthropists created?

The Ragged-Trousered Philanthropists was created on 1914-04-23.


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The 19th century industrialists encouraged competition by driving in industrialists. Industrialists were discouraged largely by the barriers to entry.


Do philantropists believe in God?

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