Question

Andrew Carnegie would most likely have invoked which argument to jtify his biness practices? A. "My success demonstrates that I am best able to judge what to do with wealth." B. "My achievements have been built on the backs of my workers, and I owe them." C. "Monopoly better enables the right biness leaders to provide fair wages and prices." D. "Legal principle and jt regulation are the best guides to the pursuit of fortune."

Answer 1

Andrew Carnegie, a well-known industrialist, would likely have defended his businesses practices by asserting that his success signifies his ability to judiciously manage wealth. This is in line with his advocacy for the 'Gospel of Wealth', emphasizing the rich's duty to distribute surplus wealth for societal benefit. therefore the correct option is A

Step-by-step explanation:

Andrew Carnegie, a prominent figure in the late 19th century industrial era, is known for his significant contributions to the steel industry and his commitment to philanthropy. Given Carnegie's theories and practices of wealth distribution and economics, he would likely have invoked the argument 'My success demonstrates that I am best able to judge what to do with wealth.'

Carnegie believed in the 'Gospel of Wealth', a principle that advocates that the wealthy should redistribute their surplus wealth for the betterment of society. In keeping with this ideology, Carnegie spent the latter part of his life donating a vast proportion of his wealth to various charitable causes.

Learn more about Andrew Carnegie