Reading Check and Short Answer questions on key points are designed for guided reading assignments, in-class review, formative assessment, quizzes, and more.

Reading Check

1. What is one of the consequences of the “caste” system in factories?

2. What are the three modes that wealth can be dispersed with?

3. According to Carnegie, what do estate taxes mean about the government’s view of wealth?

4. What does Carnegie believe will happen if Mr. Cooper’s fortune was distributed among the masses?

5. What is Carnegie’s view on “alms-giving?”

Short Answer

Answer each question in at least 1 complete sentence. Incorporate details from the text to support your response.

1. How does the production of products compare from ancient times to Carnegie’s era? How does he feel about this change in production?

2. According to Carnegie, what are the pros and cons of the “law of competition”? In the end, is this law beneficial or detrimental to society?

3. What does Carnegie say was a turning point in the history of civilization? How did capitalism arise from this turning point?

4. What are the duties of the “man of wealth?”

5. How does Carnegie rectify “the problem between the rich and the poor?” Describe the necessary duties of each party.

Paired Resources

“The Steel Business”

• PBS.