Andrew Carnegie Doc B

Front

Who is the author of this article and in what year was it written?

Back

Andrew Carnegie, 1889

Front

What is 'survival of the fittest' and how does it 'throw' wealth into the hands of the few?

Back

It is a theory of economic competition and it leads to the concentration of wealth.

Front

According to Carnegie, what two things shouldn't a rich person do with his fortune?

Back

Leave it to their children and wait until death to use it for public purposes.

Front

What does Carnegie mean when he says, 'The man who dies rich dies disgraced'?

Back

A wealthy person who dies without using their fortune for public good is seen as a failure.