Questions and Answers
Who is Andrew Carnegie?
What is a philanthropist?
Someone who donates money, time, talent, and experience to help humanity.
Andrew Carnegie's view on wealth was that money shouldn't be inherited as it was ______.
disgraceful
Andrew Carnegie used loopholes to prevent strikes in his company.
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Where was Andrew Carnegie born?
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Why is Andrew Carnegie important?
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Study Notes
Andrew Carnegie
- Scottish-born American industrialist known for founding the Carnegie Steel Company in 1892.
- By 1901, Carnegie Steel Company became the dominant force in the American steel industry.
Philanthropy
- Carnegie exemplified philanthropy by donating money, time, and resources to improve societal conditions.
- Notably known for building approximately 1,700 libraries to enhance education and access to knowledge for the poor.
Views on Wealth
- Advocated against the inheritance of wealth, viewing it as disgraceful; believed wealth should be earned.
- Emphasized the responsibility of the wealthy to distribute their excess funds for societal benefit.
Moral Considerations
- Despite his wealth, Carnegie's ethics were questioned due to his exploitative practices, such as using legal loopholes to suppress labor strikes.
- Involved in manufacturing weapons, which tainted his moral legacy.
Birthplace
- Born in Dunfermline, Scotland, influencing his later views and values.
Significance
- Recognized as one of the foremost businessmen and philanthropists of his era.
- His contributions, especially to libraries and education, significantly impacted American society and continuing philanthropic practices.
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Description
This quiz consists of flashcards focused on Andrew Carnegie, a key figure in American industry and philanthropy. It explores his contributions, views on wealth, and legacy. Perfect for students learning about American history or economics.
