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Earn +20 ptsQ: Critics of powerful industrialists referred to them as?
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Andrew carnegie argued that the success of wealthy industrialists did what?
He believed that this helped the economy to grow. Without the industrialists, there would be no big business or jobs for the other people.
Were the actions of the industrialists were more beneficial to the US than they were harmful?
Most believe that the actions of the industrialists were more beneficial to the United States. The good things outweighed the bad things.
Did the gospel of wealth remove the label of robber baron from the industrialists?
Yes and no
Industrialists formed trusts to promote competition?
Yes, the industrialists thought that competition would help business' grow, and they wanted to promote business growth in order to further "Industrialize". ~CsmD (high school history lover)
What were the key characteristics of the Reconstruction Era?
Northern industrialists taking advantage of the south's recourses.
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