Andrew Carnegie was known for his business in the Steel Industry. By buying out other companies in the industry, he created what is known as a vertical monopoly, where he controls an industry through the whole process. i.e. He owned companies that mined the materials, transported them, processed them, and forged the steel for the final product. He used the City of Pittsburgh as the location for his steel mills, because of the ease of transportation by means of the three rivers. This is also why Pittsburgh is referred to as the Steel City - steel was the main industry of the city.
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Pittsburgh
andrew carnegies followers
bad
Andrew Carnegie how he spent his money
libraries.
hiring flink
J.P. Morgan
Louise Whitfield
Henry Frick
wealthy people were obligated to donate money to worthy causes
He lost standing because of his harsh behavior.
He lost standing because of his harsh behavior.