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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.

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Who wrote gospel of wealth?

The "Gospel of Wealth" was written by Andrew Carnegie in 1889. In this essay, Carnegie discussed his views on wealth accumulation and philanthropy, arguing that the wealthy have a responsibility to use their wealth to benefit society.


Who was the first industrialist to advocate the gospel of wealth?

Andrew Carnegie was the first industrialist to advocate the gospel of wealth. He believed that the wealthy had a responsibility to use their wealth to benefit society and help those less fortunate. Carnegie promoted the idea that the rich should engage in philanthropy and contribute to the welfare of the public.


How did Andrew Carnegie express his in the gospel of wealth?

Andrew Carnegie expressed his belief in the Gospel of Wealth by donating millions to philanthropy and founding thousands of public libraries.


Industrialist who preached the gospel of wealth?

Andrew carnegie


What did Carnegie do with wealth?

He used it to help the poor. Apex :)


What were Andrew Carnegie contributions to society?

the gospel of wealth


What did Andrew carnige do with his wealth?

Andrew Carnegie used his wealth primarily to promote education and peace. He established libraries, schools, and universities, including the Carnegie Institution for Science and Carnegie Mellon University. Additionally, he created foundations, such as the Carnegie Corporation, to support various philanthropic causes, including cultural and scientific advancements. Carnegie believed in the "Gospel of Wealth," advocating that the rich should use their fortunes for the greater good of society.


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?


How did Andrew carnegie gain his wealth?

Andrew Carnegie gained his wealth from the steel industry. He is the founder of the company, US Steel which he created in 1901.


Who was the Gospel Of Wealth Associated With?

Wealth",[ more commonly known as "The Gospel of Wealth", is an essay written by Andrew Carnegie in 1889


What were the biggest problems for Andrew Carnegie?

Getting rid of his wealth.


What did carnegie say are three ways to use wealth?

A dog