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Andrew Carnegie

Andrew Carnegie was a Scottish-American businessman and philanthropist who made his wealth through steel. His philanthropy was used to establish libraries across the United States.

647 Questions

Does Carnegie Gospel of Wealth promote or inhibit democratic opportunity?

The Gospel of Wealth, written by Andrew Carnegie, promotes the idea that wealthy individuals have a responsibility to use their resources for the greater good of society. While this can be seen as promoting democratic opportunity through philanthropy and social contributions, it also raises questions about the concentration of wealth and power in the hands of a few individuals, which can potentially inhibit democratic principles of equality and fairness.

In The Gospel of Wealth Andrew Carnegie argued that?

Andrew Carnegie argued in "The Gospel of Wealth" that rich individuals have a moral obligation to use their wealth to benefit society through philanthropic initiatives. He believed in distributing wealth for the greater good rather than leaving large inheritances to heirs. Carnegie emphasized the importance of giving back to help alleviate societal issues and promote progress.

What is Andrew Carnegie's full name?

He didn't have middle name, if you still want the answer then Mr. Andrew Carnegie

What controversy surrounded Andrew carnegie?

Andrew Carnegie's vision was to turn his company into a foundation which would promote knowledge and understanding. He embarked on a mission to bring real and permanent good to the world, and pioneered the concept of the wealthy mainly serving as stewards of the wealth they had acquired, which should be used to help the world.

Where did Andrew Carnegie go to college?

Andrew Carnegie did not attend any type of formal education.

Why is Carnegie Hall so famous?

Carnegie Hall was built by philanthropist Andrew Carnegie. It was originally called the Music Hall Founded by Andrew Carnegie. The name was changed in 1983 to Carnegie Hall.

BTW did you know Carnegie Hall was almost demolished in 1960?

What did Andrew Carnegie do To with his wealth?

One of the things he did was open libraries all over the United States.

Horizontal integration differs from vertical integration in that it .?

consolidates many firms involved in the same business into on giant company

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.

Who was Andrew Carnegie and what was the importance of standard oil?

Andrew Carnegie was a prominent industrialist and steel magnate in the late 19th century, known for his philanthropy and contributions to libraries and education. Standard Oil was an American oil producing, transporting, refining, and marketing company founded by John D. Rockefeller in 1870. It played a major role in the development of the oil industry in the United States, becoming one of the first and largest multinational corporations.

Did Andrew carnegie not raise wages of his workers even though he was making alot of money?

No. At some point the management of US Steel reported a 60% rise in profits and then offered the employees a 30% pay rise. The labour unions however demanded a 60% pay rise. Management refused to budge on this (Carnegie at the time was in Scotland and communications and travel were infinitely slower than today) and the riots broke out in which the Pinkerton agents played such an infamous part.

Carnegie himself was a philantropist who spent great amounts of money on all kinds of charities. His Foundation is still very active in this field today.

Who came up with a cheaper and faster way to make steel?

Steel was first used in the 13th century BC. In 1740 crucible steel technique was developed by Benjamin Huntsman. In 1856 Henry Bessemer developed the "basic oxygen converter" to make steel. Andrew Carnegie didn't really improve the production, he knew how to invest his money and he did it in the steel industry. He used Bessemer methods on a very wide scale and he also used his money and influence to control the manufacturing of steel.

Why did the Carnegie company come to an end?

J. P. Morgan bought it and changed the name.(;

Why is William Jewett Tucker critical to Andrew Carnegie?

William Jewett Tucker was critical to Andrew Carnegie because he served as the president of Dartmouth College, where Carnegie allocated funds for the construction of a library in Tucker's honor. Their collaboration on this project helped strengthen their relationship and contributed to their mutual belief in the importance of education and philanthropy.