Andrew Carnegie was a wealthy businessman from being successful in the railroad industry. He felt that his wealth should be spent to better the community. This time period of greater wealth is important for society to improve. Without wealth, the economy would not nearly be as well off as it was. Excess wealth that is present can be left to descendants, it can be given to charity, or it can be used for luxuries during the wealthy man's life. Carnegie felt that men of wealth must set an example of modesty and view all excess revenue as trust funds that should be used to benefit the good of the community.
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