Why do you think wealthy industrialists such as Rockefeller and Carnegie became philanthropists?

Carnegie and Rockefeller both believed that the person who has a lot should give out to those who have less, and not stingy with the money. The rich man who is not sharing his wealth is the disgraced man.

Explanation:

Carnegie has once stated, “He who dies rich, dies disgraced." This means that the one that has so much money that he can’t spend until his death so that he dies clutching on that money should be ashamed. Carnegie wanted to share his wealth and did not think it is fair that he has so much while some people have nothing. His moral obligation dictated him to share his money and let other people benefit from it.

Rockefeller followed his example and decided to spend the fortune helping others as well. Both industrials felt it is the only ethical thing to do if someone is as rich as they are.

These feelings had also to do with their religious learnings and the faith that a good, honest religious man should always share with others who have less.

countries such as spain, france and portugal colonized the region. although most of latin america was colonized by spain, the countries of portugal and france also had major influences on the region. due to war and disease, native populations were decimated.

your answer is rising unemployment and inflation.