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Who Is Andrew Carnegie A Philanthropist

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Andrew Carnegie was known as the “man of giving.” Carnegie’s charitable beliefs lead to the concept of “The Gospel of Wealth.” Carnegie’s role in the Industrial Revolution was creating a faster way for making US steel. Also know as the “Bessemer Process,” Carnegie wanted to spend his time doing what he enjoyed ,so he sold his company to J.P. Morgan. Carnegie’s act of selling his company is known as “Horizontal Consolidation”. Andrew Carnegie was a philanthropist that played a big role in the Industrial Revolution by creating US Steel, because of his great works of charity he helped push education further.
A philanthropist is a person who seeks to promote the welfare of others.(Google Dictionary) In greek philanthropy means “love of mankind.”(nonprofitquarterly.org) The acts of a philanthropist would be donating money to the needy, giving clothes to the homeless, building a home for a families that have lost their home. Carnegie became a philanthropist because he came from a place of struggle and hard times. Carnegie was a poor immigrant from Dunfermline, UK. His family settled in a city in Pennsylvania called Allegheny. Carnegie and his family have moved into a two roomed apartment above a family member's weave shop. Later Carnegie’s father took over the weaving shop and later lost the shop, leaving Carnegie's family with no income. When Carnegie was 13 he worked in a Cotton Mill as a bobbin boy tying broken thread making $1.20 a week. When he was fourteen he was hired

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