0
he bought fuel companies, railroads and ships to help his steel company succeed
and Carnegie's steel company produced about one quarter of all the steel made in the us
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
Who had a monopoly in the steel industry?
Andrew Carnegie and then he sold it to J.P. Morgan
What was Andrew Carnegie's monopoly?
Andrew Carnegie's Monopoly is the extreme case in capitalism.
Who was Andrew Carnegie and how did he cut costs?
Andrew Carnegie drastically cut labor and time required to shift material from one operation to another
What made Andrew Carnegie so rich?
He Built Pittsburgh Carnegie Steel Company. And, he also built Carnegie Hall.
How grades eliminate competition?
grades eliminate competition because students become more competitive as they are evaluated through gar5ade
How did Andrew Carnegie treat his competition?
he was friendly to them
What methods to Andrew Carnegie use to build his industry?
Andrew Carnegie used horizontal integration. He bought out his competition through this technique making his business more profitable.
Who was the first industrialist to advocate the gospel of wealth?
Andrew Carnegie was the first industrialist to advocate the gospel of wealth. He believed that the wealthy had a responsibility to use their wealth to benefit society and help those less fortunate. Carnegie promoted the idea that the rich should engage in philanthropy and contribute to the welfare of the public.
What were Andrew carnegie's parents names?
Andrew Carnegie's father was William Carnegie. His mother was Margaret Morrison Carnegie.
Which American objected to U.S invented in cuba?
Andrew Carnegie
Is Andrew Carnegie single?
No, Andrew Carnegie is not single.
How old was Andrew Carnegie's daughter when he died?
Margaret Carnegie Miller (Andrew Carnegie's daughter) was 22 years old when Andrew Carnegie died.
What did Andrew carnegie Investments?
Andrew Carnegie invested on steel
What did Andrew Carnegie Invest in?
Andrew Carnegie invested on steel
What is Andrew Carnegie's occupation?
Andrew Carnegie is a/an Industrialist, Philanthropist
What is Andrew Carnegie's full name?
Andrew Carnegie's full name is actually just Andrew Carnegie.
Who was Andrew carnegie's mother and father?
Andrew Carnegie's father was William Carnegie and his mother was Margaret Morrison Carnegie.
