Question

unit mcq practice question
questions 1-2 refer to the excerpt below.
“the problem of our age is the proper administration of wealth, so that the ties of brotherhood may still bind together the rich and poor in harmonious relationship. . . by taxing estates heavily at death the state marks its condemnation of the selfish millionaire’s unworthy life. . .this policy would work powerfully to induce the rich man to attend to the administration of wealth during his life. . . . thus is the problem of rich and poor to be solved. the laws of accumulation will be left free; the laws of distribution free. individualism will continue, but the millionaire will be but a trustee for the poor; entrusted for a season with a great part of the increased wealth of the community, but administering it for the community far better than it could or would have done for itself. . . . ‘the man who dies thus rich dies disgraced.’ such, in my opinion, is the true gospel concerning wealth.” “wealth,” andrew carnegie, 1889

1. carnegie’s remarks in the excerpt were most likely in response to

(a) the development of the social sciences
(b) the spread of racial theories about the survival of the fittest
(c) the rise of monopolies in major industries, such as oil and steel
(d) the discontent in society over the increase in economic inequality

1. carnegie was most likely hoping his comments would promote

(a) the passage of a graduated income tax by the government
(b) the religious values that could reform greedy behavior
(c) an increase in large - scale philanthropy to fund civic institutions
(d) an increase in contributions by working people to religious institutions

Explanation:

Question 1

Carnegie's excerpt focuses on wealth administration and addressing rich - poor relations. Option A: Social science development isn't the main context here. Option B: Racial theories of survival of the fittest are not related to wealth distribution. Option C: While monopolies rose, the excerpt is about wealth distribution between rich and poor, not just monopoly rise. Option D: The excerpt's focus on solving rich - poor problem and wealth administration is a response to social discontent over economic inequality (rich - poor gap).

Option A: Graduated income tax is not the focus; the excerpt is about wealthy's role in wealth administration. Option B: Religious values to reform greed is not the main aim; it's about wealthy acting as trustees for community. Option C: Carnegie's idea of millionaires as trustees administering wealth for community aligns with large - scale philanthropy to fund civic institutions (using wealth for community good). Option D: Contributions by working people to religious institutions is not related to the excerpt's focus on wealthy's wealth administration.

Answer:

D. the discontent in society over the increase in economic inequality

Question 2