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Factory owners who treated their workers well and donated large sums of

money to good causes is known as

1 Answer

11 votes

Answer:

philanthropists

Step-by-step explanation:

Rather than keeping their wealth for their own, philanthropists dedicated to allocated their wealth to contribute to the advancement of society. They usually make cooperative effort with several charity organizations in order to make the while charity process become more efficient.

One example of a philanthropist in modern day era is Bill gates, the founder of Microsoft. So far, He and his wife has pledged around 95% of their wealth for charitable purposes.

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