What Message Did Andrew Carnegie Promote in His Gospel of Wealth

question 25

Multiple Choice

What message did Andrew Carnegie promote in his gospel of wealth?

• A) Poverty is more than likely caused by moral weakness.
• B) Successful businessmen should be respected by the society at large.
• C) His own success was more due to luck than hard work.
• D) Millionaires should be trustees and agents for the poor.

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Definitions:

Sale Price

The final price of a product or service after any discounts or promotions have been applied.

Net Profit

The total earnings after all expenses and taxes have been subtracted from revenue.

Overhead Expenses

costs related to the day-to-day running of a business but not directly tied to producing goods or services.

Selling Price

The amount of money for which a seller offers a product or service to the buyer.