The Social And Personal Responsibilities Of Various Figures In Gilded Age
Analyze And Interpret The Social And Personal Responsibilities Of Various Figures In Gilded Age
Sample Solution
The Gilded Age was a period of rapid economic growth and industrialization in the United States. This period was also marked by great social inequality, as the wealthy became incredibly rich while the poor struggled to make ends meet. The social and personal responsibilities of various figures in the Gilded Age were complex and often contradictory. On the one hand, many of these figures felt a responsibility to use their wealth and power to help others. They donated to charities, built schools and hospitals, and supported social reforms.Full Answer Section
On the other hand, many of these figures also believed that they had a right to do whatever they wanted with their money. They lived lavish lifestyles, built extravagant mansions, and often exploited their workers. Some of the most notable figures in the Gilded Age who struggled with their social and personal responsibilities include:- Andrew Carnegie: Carnegie was a self-made millionaire who made his fortune in the steel industry. He donated millions of dollars to libraries, universities, and other charitable causes. However, he also believed that the wealthy had a right to keep their money and that they should not be taxed too heavily.
- John D. Rockefeller: Rockefeller was another self-made millionaire who made his fortune in the oil industry. He donated millions of dollars to charities, but he also used his wealth to influence politics and business. He was often criticized for his ruthless business practices.
- P. Morgan: Morgan was a banker who helped to finance many of the major industries of the Gilded Age. He was also a philanthropist who donated millions of dollars to charities. However, he was also criticized for his role in the Panic of 1893, which caused widespread economic hardship.