Which of the following best describes the underlying theme of "The Gospel of Wealth"?

Which of the following best describes the underlying theme of "The Gospel of Wealth"?

• A. The need for government intervention in wealth distribution
• B. The importance of self-promotion and competition
• C. The belief that the wealthy have a duty to use their riches to benefit society
• D. The idea that wealth should be preserved within families

Answer: (C)

The best description of the underlying theme of "The Gospel of Wealth" is the belief that the wealthy have a duty to use their riches to benefit society. This concept, articulated by Andrew Carnegie in the late 19th century, emphasizes that individuals who accumulate wealth have a moral obligation to give back to society, particularly through philanthropy. Carnegie argued that affluent individuals should act as stewards of their wealth, using it to promote the greater good, rather than merely preserving it for personal or familial gain. This philosophy sought to address the disparities created by capitalism and the responsibilities that come with great riches. It suggested that wealth should not be hoarded but rather invested in public institutions, education, and community development, thus creating opportunities for others and helping to promote societal progress. This underscores the idea that success is not only measured by one’s financial status but also by the positive impact one can have on the lives of others.

The best description of the underlying theme of "The Gospel of Wealth" is the belief that the wealthy have a duty to use their riches to benefit society. This concept, articulated by Andrew Carnegie in the late 19th century, emphasizes that individuals who accumulate wealth have a moral obligation to give back to society, particularly through philanthropy. Carnegie argued that affluent individuals should act as stewards of their wealth, using it to promote the greater good, rather than merely preserving it for personal or familial gain.

This philosophy sought to address the disparities created by capitalism and the responsibilities that come with great riches. It suggested that wealth should not be hoarded but rather invested in public institutions, education, and community development, thus creating opportunities for others and helping to promote societal progress. This underscores the idea that success is not only measured by one’s financial status but also by the positive impact one can have on the lives of others.