Read the excerpt from the writings of Andrew Carnegie and answer the question.

How did the argument presented by Carnegie compare to his business practices?

Group of answer choices

Carnegie argued in the excerpt that only businesses run by the wealthy are likely to succeed, but as a business owner he promoted employees based solely on performance rather than background.

While Carnegie outlined the importance of philanthropy in the excerpt, he utilized monopolistic strategies as a business owner that negatively impacted small business and consumers.

As noted in the excerpt, Carnegie was a strong proponent of philanthropy and as a businessman he worked to keep prices low for his products for the benefit of average Americans.

The excerpt details Carnegie's belief that immigrants and the poor are often among the most hardworking individuals in a society, yet asa business owner he implemented restrictive hiring processes.

Question

Biology

Libby Frye

5 May, 06:34

Read the excerpt from the writings of Andrew Carnegie and answer the question.

How did the argument presented by Carnegie compare to his business practices?

Group of answer choices

Carnegie argued in the excerpt that only businesses run by the wealthy are likely to succeed, but as a business owner he promoted employees based solely on performance rather than background.

While Carnegie outlined the importance of philanthropy in the excerpt, he utilized monopolistic strategies as a business owner that negatively impacted small business and consumers.

As noted in the excerpt, Carnegie was a strong proponent of philanthropy and as a businessman he worked to keep prices low for his products for the benefit of average Americans.

The excerpt details Carnegie's belief that immigrants and the poor are often among the most hardworking individuals in a society, yet asa business owner he implemented restrictive hiring processes.

+5

Answers (1)

Know the Answer?

Desiree Sims · Answer 1

Option C, As noted in the excerpt, Carnegie was a strong proponent of philanthropy and as a businessman he worked to keep prices low for his products for the benefit of average Americans.

Explanation:

Carnegie strongly believed that within the society exists wealth inequality and in order to curb this issue all wealthy businessmen must use their surplus income for the betterment of others. He urged all the rich business men to carefully use their wealth to reduce the stratification between the rich and poor and hence it is the responsibility of businessmen to curb this difference by keeping the price of their commodities at a lower price.

Hence, option C is correct