Which of the Following Arguments Did Andrew Carnegie Make in His

question 2

Multiple Choice

Which of the following arguments did Andrew Carnegie make in his famous 1889 essay "Wealth" (later called "The Gospel of Wealth") ?

• A) Industrialization only led to a decrease in the standard of living,especially for the working classes.
• B) Though industrialization increased the gap between rich and poor,everyone's standard of living rose.
• C) Industrialization would bring economic decline in the United States as it did in England,a mature industrial power.
• D) Industrialization had allowed the poor to raise themselves to nearly same level as the wealthy.

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Definitions:

Bailment

The act of temporarily transferring physical possession of personal property by one party (the bailor) to another (the bailee) for a specific purpose.

Mutuum

A loan of goods with the intention that the goods may be used and later replaced with an equal amount of different goods.

Sugar

A sweet, crystalline substance obtained primarily from sugarcane and sugar beet, used mainly as a sweetener in food and drinks.

Misplaced

Incorrectly placed or lost, not being in its expected or designated location.