No. Sir Henry Bessemer a British ( 1856) inventor patented the process by which molten pig iron disturbed by a current of air is turned directly into steel. Carnegie created the largest steel and iron works in America in the late 1860's using the Bessemer process. The invention of the Bessemer process was one of the things that led to the industrial revolution. It contributed to the railroads, the construction of tall buildings, and steel hull ships.
it helped snoop doggy dog to create his most magnificent album to which was inspired from the gospel's teaching. from the excerpt of Slaveius chapter 15 verse 2, And Andrew Carnegie said, "yo let there be biches and hoes for all, and for all should be given cause we rich as hell, and as the words of promince fluttered out through our prophet's mouth it came to be true"
1.)Vertical Integration: a process in which you buy out the other competitors in order to be the only one left, creating a monopoly 2.)Horizontal Integration: companies that produce the same products merge together, to create a monopoly
He progressed up the ranks of a telegraph company. He built Pittsburgh's Carnegie Steel Company, which was later merged with Elbert H. Gary's Federal Steel Company and several smaller companies to create U.S. Steel. He also led an enormous expansion in the American Steel Industry in the late 19th Century. He was also one of the highest profile Philanthropists of his era.
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It was Sir Henry Bessemer who patented the process in 1856 to take pig iron disturbed by a current of air to turn it directly into steel. Andrew Carnegie, a Scottish immigrant, was able to use the Bessemer process in his steel mills after the civil war to create the largest iron/steel works in America.
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Andrew Carnegie's Monopoly is the extreme case in capitalism.
Henry bessemer
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Andrew Carnegie and John D. Rockefeller practiced philanthropy as a way to give back to society, improve their public image, and create a positive legacy. They also believed in the concept of "gospel of wealth," where the wealthy have a responsibility to use their fortune to benefit others.
Henry bessemer
Andrew Carnegie's gospel of wealth was the belief that wealthy individuals have a responsibility to use their fortunes to benefit society. He argued that it is the duty of the rich to donate their wealth to philanthropic causes to help address social issues and support communities. Carnegie believed that philanthropy could help create a more harmonious society by redistributing wealth in a productive and beneficial way.
Henry Bessemer =]
Henry Bessemer =]
The process of transforming iron into steel is called "steelmaking" or "steel production." It involves removing impurities from iron and adjusting the carbon content to create the desired properties in the steel.
Andrew Carnegie was a very strong advocate of capitalism. He believed in the power of the individual to create his own destiny through hard work. He did not believe in the redistribution of wealth, nor did he believe in leaving too much to his children. He felt that if you give too much to your children it will make them dependant on this money and unwilling to work for themselves.