Gospel of Wealth: AP® US History Crash Course | Albert.io (2024)

The AP® United States History exam covers hundreds of topics, all of which you need to be familiar with in order to get a high score. This might sound impossible, but success on the APUSH test is really all about studying smarter. The most vital things to review about a particular event, policy, or movement are the answers to the following questions: What is it? What else was happening at the time? Why is theGospel of Wealth important to United States history?

In this AP® US History crash course, we will give you the answers to all these questions about one frequently-tested topic: the Gospel of Wealth.

The Gospel of Wealth: What is It?

Gospel of Wealth: AP® US History Crash Course | Albert.io (1)

The term “gospel of wealth” refers to the 1889 article of the same name by Scottish immigrant Andrew Carnegie. Carnegie became the second-richest man in American history (after John D. Rockefeller) by dominating the growing steel industry.

In “The Gospel of Wealth,” Carnegie argued that extremely wealthy Americans like himself had a responsibility to spend their money in order to benefit the greater good. In other words, the richest Americans should actively engage in philanthropy and charity in order to close the widening gap between rich and poor.

Carnegie explained that the common trend of leaving all of one’s money to their heirs was disgraceful, and that instead the wealthy should use their money to benefit society while they were still alive. He embodied this philosophy thoroughly, giving away about 90% of his wealth during his lifetime. One of his main channels of wealth into the public was the creation of Carnegie libraries. These buildings were simply modeled,but provided the public with the tools they needed to expand their own knowledge, skills, and suitability in society.

Historical Context

Cultural and economic context is especially important to understanding the Gospel of Wealth for the AP® US History exam. There are three main concepts that help contextualize Andrew Carnegie’s work: the Gilded Age, industrialization, and Social Darwinism.

The Gilded Age

The Gilded Age is the period of United States history spanning roughly the 1870’s until 1900 (It is important to understand different time periods on the APUSH test, so make sure you know this). The name was coined by author Mark Twain, and refers to the glamourized “gilded” layer of wealth that tried to hide America’s serious social problems.

The Gilded Age was an era of rapid economic growth. At this time, wealthy “captains of industry” and “robber barons” manipulated the growing steel, railroad, and gold markets and became astronomically rich. However, despite the economic growth and illusion of Americans becoming wealthier, serious labor problems arose, and society was cut through with corruption. The visibility of the extremely wealthy created an image of a thriving United States painted in gold, but looking beyond the surface revealed a state of social chaos and exploitation of the working class.

Industrialization

The Second Industrial Revolution, beginning between 1840 and 1860 and continuing until World War I, created a rapidly growing set of industries in America including steel, rail, and coal mining. The growth of factories changed the dynamic of the American work force and created a need for the rise of labor unions and other forms of organized labor. For the first time, the need for skilled labor decreased as the popularity of unskilled factory work soared. However, jobs were created for both skilled and unskilled workers, and the wages of both groups grew. A new middle class began to form, but nevertheless the gap between the rich and poor was enormous.

Andrew Carnegie played a key role in the industrialization of America as he dominated the steel industry. The wealth he gained from his work and the images of the gap between rich and poor inspired him to sell his steel company to financier JP Morgan and devote his life to philanthropy.

Social Darwinism

In the Gospel of Wealth, Carnegie describes the wealthy as being especially skilled, intelligent, and prepared with the tools needed to responsibly and efficiently distribute money. This idea implies that poverty is a kind of character flaw of those Americans who are less hardworking.

Gospel of Wealth: AP® US History Crash Course | Albert.io (2)

This argument draws on a popular idea of the time known as Social Darwinism. This societal theory from the 1870’s argues that the economically “strong” (in other words, the very wealthy) will rise to positions of power while the “weak” (the poor) will occupy the lowest, least powerful positions in society. Many Social Darwinists embraces laissez-faire capitalism, in which there is unregulated economic competition among individuals, much like Charles Darwin’s theory of biological competition that leads to evolution.

Why is the Gospel of Wealth Important?

Andrew Carnegie’s philosophy embodied the incredible wealth of a handful of individuals in the Gilded Age, and influenced many other captains of industry in their own philanthropy, including John D. Rockefeller. His charitable legacy continues into the present day, with hundreds of Carnegie libraries still operating and the Carnegie Foundation still distributing the family’s wealth.

However, despite the benefits of Carnegie’s philanthropy, the Gospel of Wealth had some setbacks. Some captains of industry used the theory to excuse their own massive accumulation of wealth, and to, in a sense, make themselves feel better about being so far “above” the poor and middle classes.

What You Need to Know for the APUSH Exam – Multiple Choice

The multiple choice section of the AP® US History exam will ask you more fact-based questions, unlike the APUSH DBQ and FRQs that are broader. For questions about the gospel of wealth, you should be familiar with the key figures, especially Andrew Carnegie. Be familiar with other “captains of industry” such as John D. Rockefeller and Cornelius Vanderbilt. You should know that the theory emphasized distribution of wealth while one was still alive, as opposed to bequests in one’s will either to his heirs or in donations after his death.

What You Need to Know for the APUSH Exam – Essays and Document Based Questions

The written section of the AP® US History exam will ask more concept and connection-based questions. Many AP® US History DBQs and FRQs ask about the Gilded Age and its key players, like Andrew Carnegie. You should be able to connect the Gospel of Wealth and Andrew Carnegie to the broader characteristics of the Gilded Age. You should also be able to contrast the experiences of the very wealthy against those of the growing industrial classes.

Several AP® US History free response questions in previous years have asked about the Gilded Age. For example, a recent essay question asked:

“Explain how TWO of the following individuals responded to the economic and social problems created by industrialization during the late nineteenth and early twentieth centuries.Jane Addams, Andrew Carnegie, Samuel Gompers, Upton Sinclair”

In this FRQ, you could discuss the value that Andrew Carnegie placed on philanthropy in order to solve the massive social problems created by industrialization and the widening of the socioeconomic gap. Then, you could compare Carnegie’s ideas to those of Samuel Gompers, president of the American Federation of Labor, who played a more active and personal role in labor reform. Gompers encouraged the “defeat” of the wealthy (like Andrew Carnegie himself), whom he called the “enemies” of everyday workers.

With this AP® US History crash course in hand, you have all the tools you need to master questions about the Gospel of Wealth on the exam. If you can make the connections between Andrew Carnegie’s ideas and the rapidly changing America during the Gilded Age, you’ll be well on your way to a 5 on exam day.

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Gospel of Wealth: AP® US History Crash Course | Albert.io (2024)

FAQs

What is the answer to The Gospel of Wealth? ›

In “The Gospel of Wealth,” Carnegie argued that extremely wealthy Americans like himself had a responsibility to spend their money in order to benefit the greater good. In other words, the richest Americans should actively engage in philanthropy and charity in order to close the widening gap between rich and poor.

What are the main points of The Gospel of Wealth? ›

Purpose of "The Gospel of Wealth"

Carnegie argued that excess wealth should be used to benefit society. He stated the wealthy should not be irresponsible with money waste or self-indulgent. Instead, one should use one's wealth throughout their life for good social causes.

What was The Gospel of Wealth us history quizlet? ›

It was the belief that the rich had a responsibility to spend their money to benefit the greater good and that they needed to give back to the poor in some way. The Gospel of Wealth was based on two dangerous assumptions: if you work hard enough you will get rich; if you are not rich there is something wrong with you.

Who wrote The Gospel of Wealth group of answer choices? ›

Originally titled simply “Wealth” and published in the North American Review in June 1889, Andrew Carnegie's essay “The Gospel of Wealth” is considered a foundational document in the field of philanthropy.

How does Carnegie view the poor? ›

Carnegie did not want to just give money to the poor as a means of redistributing wealth. His gospel of wealth say that the redistribution must be done in a responsible and thoughtful manner. He opposed governmental forced redistribution of wealth.

How rich was Andrew Carnegie? ›

The Carnegie Foundation estimates that at its peak, Carnegie's net worth was approximately $309 billion in today's values. Even more impressive is to remember that Carnegie started his life in America as an immigrant making $1.20 a week.

What does The Gospel of Wealth mean in US history? ›

The 'Gospel of Wealth' was an article written by Andrew Carnegie in 1889. Carnegie, a steel magnate, argued that very wealthy men like him had a responsibility to use their wealth for the greater good of society.

What is the wealth gospel? ›

prosperity gospel, in Protestant Christianity, the teaching that faith—expressed through positive thoughts, positive declarations, and donations to the church—draws health, wealth, and happiness into believers' lives.

Who was The Gospel of Wealth intended for? ›

"Gospel of Wealth' by Andrew Carnegie was written to the 'new' upper class - those that made their own riches (not 'old money'). It was intended to describe their responsibility to share their wealth through philanthropy.

What did The Gospel of Wealth endorse? ›

It endorsed government intervention in wealth redistribution through progressive taxation. It promoted laissez-faire capitalism with no obligation toward philanthropy or social welfare. It advocated for the wealthy to live modestly and donate their surplus wealth to beneficial causes for society.

Who did The Gospel of Wealth inspire? ›

Chuck Feeney is the “billionaire who gave it all away”. And all of the $8 Billion – he gave all away through his foundation The Atlantic Philanthropies. Growing up in a modest background, Feeney admits that Carnegie's Gospel of Wealth inspired him.

How does The Gospel of Wealth justify Social Darwinism? ›

Carnegie's Gospel of Wealth Andrew Carnegie advocated a gentler version of Social Darwinism that he called the Gospel of Wealth. This philosophy held that wealthy Americans should engage in philanthropy, using their fortunes to create the conditions that would help people help themselves.

What is Andrew Carnegie's famous quote? ›

No man becomes rich unless he enriches others. Teamwork is the ability to work together toward a common vision.

What is the wealth of gospel? ›

The Gospel of Wealth asserts that hard work and perseverance lead to wealth. Carnegie based his philosophy on the observation that the heirs of large fortunes frequently squandered them in riotous living rather than nurturing and growing them.

What does the Gospel say about wealth? ›

Finally, 1 Timothy 6:17-18 offers divine instructions for the wealthy among us. The passage reads: “Command those who are rich in this present world not to be arrogant nor to put their hope in wealth, which is so uncertain, but to put their hope in God, who richly provides us with everything for our enjoyment.

What is the quote from The Gospel of Wealth? ›

Of such as these the public verdict will then be : "The man who dies thus rich dies disgraced." Such, in my opinion, is the true Gospel concerning Wealth, obedience to which is destined some day to solve the problem of the Rich and the Poor, and to bring ' Peace on earth, among men Good-Will."

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