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The one business that Andrew Carnegie was known for dominating was the steel manufacturing business.
Andrew Carnegie. John D. Rockefeller had created a monopoly with his oil business, too.
Andrew Carnegie gave 80% of his money away to education. Carnegie thought that education was very important.
Andrew Carnegie used a conversation with Frank Doubleday to show how ruthless and unstoppable Carnegie was in business. When Carnegie asked how much Doubleday made in his business and was told \"very little\" Carnegie responded that he would get out of that business.
1876
Andrew Carnegie had a monopoly in the steel industries.
Andrew Carnegie's Monopoly is the extreme case in capitalism.
His business was the steel industry.
U.S. Steel
Andrew Carnegie believed in laissez-faire economics, advocating for minimal government intervention in business affairs. He believed that wealth should be used to benefit society and promoted philanthropy through donations to education and public libraries. Carnegie also supported free trade and opposed excessive government regulation.
He had many business interests, but mainly steel.
Andrew Carnegie's father was William Carnegie. His mother was Margaret Morrison Carnegie.