Question

question 1 - 5
read the following list and answer the question below.

• established monopolies and put competition out of business
• accumulated large amounts of personal wealth in the steel industry
• publicly stated that the rich have a moral obligation to share wealth with the community

which american industrialist does this list describe?
andrew carnegie
j.p morgan
john d. rockefeller
henry ford

Explanation:

Andrew Carnegie was a steel - industry industrialist who believed the rich had a moral obligation to share wealth (Gospel of Wealth). He established monopolies in the steel industry, accumulated large amounts of personal wealth, and put competition out of business.

Answer:

A. Andrew Carnegie