Answers:
<em>Why did Carnegie believe that money should not be left to the families of the decedents?</em>
A. History has shown that most heirs spend their inheritance foolishly.
<em>Andrew Carnegie seemed to be in favor of taxing large estates heavily at death.</em>
False
According to Carnegie, what is the duty of the man of wealth?
Carnegie was an immigrant from Scotland and began to work as a telegrapher and move up in the corporate ladder when he began to focus on steal business. He defended that rich people should be generous in donations to good causes. At the same time, Carnegie defended that the world needed rich people because it was essential to the progress of the race and it was better than everyone having the same amount of money.
Give an example of how the wealthy can benefit a mass of people rather than just a few.
One good example of how the rich can benefit the masses is being a Maecenas, giving money to arts and education so the whole society can thrive. Carnegie also defended that without the rich there would be no arts.
This is the main reason why Carnegie defended that the wealth should not be left to the children, they should not have this burden and they could not waste the money wisely. If the rich gave the money to public purposes, society would gain from it.