What is the main idea of the gospel of wealth?

What was the main argument of the Gospel of Wealth quizlet?

It was the belief that the rich had a responsibility to spend their money to benefit the greater good and that they needed to give back to the poor in some way.

What did the Gospel of Wealth justify?

In “The Gospel of Wealth,” Carnegie argued that extremely wealthy Americans like himself had a responsibility to spend their money in order to benefit the greater good. In other words, the richest Americans should actively engage in philanthropy and charity in order to close the widening gap between rich and poor.

What message did Andrew Carnegie promote and his gospel of wealth?

The ‘Gospel of Wealth’ was an article written by Andrew Carnegie in 1889. Carnegie believed that this philanthropy should not come in the form of direct charity as the poor might squander the money. He believed that it should instead be used for programs and institutions that would benefit the common good.

Who wrote The Gospel of Wealth?

Who wrote the Gospel of Wealth quizlet?

Andrew Carnegie, The Gospel of Wealth (1889) Flashcards | Quizlet.

THIS IS INTERESTING:  What is the best description of Martin Luther King Jr?

How did the Gospel of Wealth affect society?

The wave of awareness moved Carnegie to devote his time as well as resources to causes that benefit the community. His example inspired others to also make a difference. Clearly, the Gospel of Wealth significance rests on the fact that Carnegie inspired generations of men and women to follow the same path boldly.

Who was probably the intended audience for the essay Gospel of Wealth?

The original audience for this document was probably the well-educated and wealthier section of society.

What duty does a rich person have according to Carnegie?

A rich person’s moral duty, in Carnegie’s view, is thus to live modestly, provide moderately for his dependants, and administer all surplus wealth in the manner which produces the most beneficial results for the community.

How did the wealthy justify their accumulation of wealth?

The wealthy sought to justify their amassed fortunes and the theory of Social Darwinism was exactly what they were looking for. … Social Darwinism became the justification for the business empires and amassed fortunes created in the 2nd Industrial Revolution and gave rise to the Gilded Age.