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Why would a rich man like Andrew Carnegie support the estate tax?
Wiki User
∙ 11y ago
Because his wealth was self-made and he believed that people should have to work to be wealthy and not just be born into it. He also was a philanthropist and believed that wealthy people should give their money away rather than create a dynasty.
Wiki User
∙ 11y ago
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Did Andrew Carnegie bribe?
Possibly, but that would have been a common business practice.
Andrew Carnegie would most likely have invoked which argument to justify his business practices?
Monopoly better enabled the right business leaders to provi fair wages and prices
Who is Andrew Carnegie?
Andrew Carnegie was one of the wealthiest men during the 1800's, he revolutionized the steel industry during the era of railroad expansion. He was rich. This was because he had lots of business with the industries and he sold steel at very low prices.Emma - The Life of Andrew Carnegie in a little more detail....Andrew Carnegie was the son of a handloom weaverHe was born in Dunfermline, Scotland, on 25th November, 1835.The economic depression of 1848 convinced the Carnegie family to emigrate to the United States where they joined a Scottish colony near Pittsburgh.Andrew began work aged 12 in a local cotton factory but continued his education by attending night school.At 14 Carnegie became a messenger boy in the local Pittsburgh Telegraph Office. His abilities were noticed by Thomas A. Scott, the superintendent of the western division of the Pennsylvania Railroad.After the war Carnegie succeeded Scott as superintendent of the western division of the Pennsylvania Railroad.Carnegie invested in many factories . The most important of these was Keystone Bridge, a company which he owned a one-fifth share.Carnegie decided that steel would now replace iron for the manufacture of heavy goods.Carnegie wrote a series of books including Round the World (1881), An American Four-in-Hand in Britain (1883) and Triumphant Democracy (1886), where he compared the egalitarianism of America with the class-based inequalities of Britain and other European countries.The Carnegie Steel Company was valued at $25 million and was now the largest steel company in the world.The Carnegie Steel Company continued to expand and between 1889 and 1899.Carnegie now had a personal fortune of $225,000,000.Carnegie set built 3,000 public libraries (380 of these in Britain), also included were the Carnegie Institute of Pittsburgh, the Carnegie Institute of Technology and the Carnegie Institution of Washington for research into the natural and physical sciences.By the time Andrew Carnegie died in August, 1919, he had given away $350,000,000. A further $125 million was placed with the Carnegie Corporation to carry on his good works.A Scottish born US steel industrialist turned philanthropist.
What is the purpose of the real estate code of conduct?
To make sure real estate agents behave in a common standard and provide the services the client deserves. Call me if you would like to get a copy of the real estate agent code of conduct 310-734-6698 or email @ Andrew@parkermcqueen.com
What people would have been a member of the third estate?
Poor farmers
How old is Andrew Carnegie?
Andrew Carnegie was born on November 25, 1835
What does Andrew Carnegie mean when he says I would get out of it in a conversation with his friend Frank Doubleday?
Andrew Carnegie used a conversation with Frank Doubleday to show how ruthless and unstoppable Carnegie was in business. When Carnegie asked how much Doubleday made in his business and was told \"very little\" Carnegie responded that he would get out of that business.
Did Andrew Carnegie bribe?
Possibly, but that would have been a common business practice.
Was Andrew Carnegie a soldier?
He wanted to be a soldier, bu they US government would not let him.
Who had control of the steel industry in the 1870's?
I'm not positive but i think that would be Andrew Carnegie.
Is a steel beam with carnegie embossed on it very old?
I think Andrew Carnegie sold out his steel company in 1901 to US Steel so I would guess it would be at least that old.
I owned and mechanized steel mills. When workers began a strike I hired replacement workers who would accept lower wages. I won the conflict at the Homestead steel mill but my reputation was hurt by m?
Andrew Carnegie
What important character traits did Andrew Carnegie have that would be beneficial for all people to practice?
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What individual would least favor the expansion and modernization of the American navy in the late 1800s?
andrew carnegie
How would Horatio Alger describe Andrew Carnegie's transformation?
Horatio Alger might describe Andrew Carnegie's transformation as a rags-to-riches story where he went from humble beginnings to become one of the richest men in history. Alger would likely emphasize Carnegie's hard work, determination, and entrepreneurial spirit that allowed him to achieve success through his steel empire.
What statement would Andrew Carnegie most likely agree with?
Andrew Carnegie would most likely agree with the statement that wealth should be used to benefit society, and that the rich have a responsibility to give back to their communities through philanthropy and charitable giving. Carnegie himself advocated for the concept of "the Gospel of Wealth," which promoted the idea that the wealthy should use their riches to improve the well-being of others.
Who gave away more than 300 million dollars to help build universitieslibraiesmuseumsand theaters?
I think the one you are thinking of would be Andrew Carnegie founder of the Carnegie-Mellon university.
