Question

Define the gospel of wealth

Answer 1

The Gospel of Wealth was a concept introduced by Andrew Carnegie to emphasize the responsibility of the wealthy elite to use their fortunes for the benefit of society.

Step-by-step explanation:

The Gospel of Wealth was a concept introduced by Andrew Carnegie to counteract the harshness of social Darwinism. According to Carnegie, it was the responsibility of the wealthy elite to use their fortunes to benefit society. He believed in funding public libraries, supporting scientific research, and leaving a significant portion of wealth behind for charitable causes. Carnegie's idea sparked mixed reactions, with some praising his generosity while others criticized his paternalistic approach. Overall, the Gospel of Wealth focuses on the obligation of the wealthy to give back to society.

Answer 2

"Wealth", more commonly known as "The Gospel of Wealth", is an article written by Andrew Carnegie in June of 1889 that describes the responsibility of philanthropy by the new upper class of self-made rich.