According to the "gospel of wealth" supported by andrew carnegie

According to the “Gospel of Wealth” supported by Andrew Carnegie when an individual’s wealth grows then it should contribute to society.

Further explanation:

Carnegie says that when an individual’s wealth grows it should contribute to society. He says that an increase in wealth should be used for the betterment of society and people. In order to understand his work “Gospel of Wealth”, we have to look at his beliefs about capitalism.

CARNEGIE VIEWS’ ON CAPITALISM

Free-market capitalism and the Industrial Revolution increased the profits and scale of production exponentially. He believes that the system ensures that the most talented and smartest businessman rose to the top. These businessmen have become wealthier than other people in society.

He says that and wealth and power of society is in the hands of a few people only, which has widened the gap between rich and poor people. According to Carnegie, this inequality in society is disturbing. He says that the prosperous man should distribute his wealth among the needy people or in society. He should give his wealth to public benefit.

Learn more:

1. Give me four contributory factors that lead to poverty in the community.

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2. How the government is contributing to poverty alleviation in access to free basic education.

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Answer details:

Grade: High School

Subject: Social Studies

Topic: Carnegie views’ on Capitalism

Keywords: Gospel, wealth, industrial, revolution, capitalism, inequality, power, society

absolute poverty the condition of having too little income to buy the necessities-- food, shelter, clothing, health care.

achieved status a social position (status) obtained through an individual's own talents and efforts.

affirmative action the requirement that employers make special efforts to recruits hire and promote qualified members of previously excluded groups including women and minorities.

aggregate a collection of unrelated people who do not know one another but who may occupy a common space--for example, a crowd of people crossing a city street.

agrarian societies societies in which large scale cultivation using plows and draft animals is the primary means of subsistence.

alienation the separation or estrangement of individuals from themselves and from others.

amalgamation the biological as well as cultural assimilation (merging) of racial or ethnic groups.

anomalies in science observations or problems that cannot be explained or solved in terms of a prevailing paradigm.

anomie a breakdown or confusion in the norms, values, and culture of a group or a society. a condition of relative normlessness.

anomie theory the theory suggesting that deviance and crime occur when there is an acute gap between cultural norms and goals and the socially structured opportunities for individuals to achieve those goals.

anticipatory socialization the process of taking on the attitudes values and behaviors of a status or role one expects to occupy in the future.

apartheid the recent policy of racial separation in south africa enforced by leg

explanation:

well 1 they have there leader that controls them