The Rise of Industrial Capitalism

AP US History· difficulty 4/5

Andrew Carnegie's "Gospel of Wealth" (1889) argued that

A
$The wealthy have a duty to use their riches for public good (philanthropy)$
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B
$Government should heavily tax the rich to fund public welfare programs$
C
$Workers should collectively own factories and share profits equally$
D
$The rich should hoard their money for their heirs and dynasties$

Explanation

Carnegie funded libraries, universities, and other institutions.

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