Explain the main beliefs of Andrew Carnegie’s philosophy of the Gospel of Wealth.

Answer 1

Andrew Carnegie's philosophy of the Gospel of Wealth was based on the idea that the wealthy had a moral obligation to use their wealth to benefit society. He believed that the wealthy should use their money to promote the welfare of the less fortunate, and that the wealthy should use their money to promote education, public works, and other charitable causes. He also believed that the wealthy should use their money to promote economic growth and development, and to create jobs. Carnegie argued that the wealthy should use their money to create a more equitable society, and that the wealthy should use their money to promote the common good.