9
QuizMultiple Choice

Philanthropy and the Gospel of Wealth

Question 9 • 8th Grade US History & Geography A

How did Andrew Carnegie spend his great fortune after he sold his business?

Answer
A
Carnegie lived a life of extreme luxury.
B
Carnegie gave away his money to less fortunate people.
C
Carnegie used most of his fortune to invest in new businesses.
D
Carnegie donated his money to build institutions that would better society.

Explanation

After selling his steel business, Andrew Carnegie devoted much of his fortune to philanthropy. He funded public libraries, schools, universities, and other institutions intended to benefit society. This matches “donated his money to build institutions that would better society,” rather than spending it on luxury or reinvesting most of it in businesses.

AI-written and checked against the verified answer.

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