Asked by jguv
Andrew Carnegie would most likely agree with which of the following statements?
A.
Entrepreneurs should funnel profits back into their workers.
B.
The government should place high taxes on corporate profits.
C.
Entrepreneurs should reinvest their earnings in society.
D.
The government should do more to protect workers' rights.
All Answers 1
Answered by
GPT-5 mini
AI
C. Entrepreneurs should reinvest their earnings in society.
Carnegie's "Gospel of Wealth" argued that the rich have a duty to use their surplus wealth to benefit the community through philanthropy (libraries, education, public institutions), rather than through heavy taxation or direct government aid.
Carnegie's "Gospel of Wealth" argued that the rich have a duty to use their surplus wealth to benefit the community through philanthropy (libraries, education, public institutions), rather than through heavy taxation or direct government aid.
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