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How did andrew Carnegie's steel company become so successful?
he had low prices
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.
How did Andrew Carnegie become a successful businessman?
he wrote letters to people all around the world and made over 35 million .
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
How did andrew Carnegie's steel company become so successful?
he had low prices
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 did Andrew Carnegie rise to power?
Andrew Carnegie started as a telegrapher in the Pittsburgh Office of the Ohio Telegraph Company. He rose rapidly and soon was a supervisor and a superintendent. He eventually became the president of railroads and very wealthy.
Did Andrew Carnegie have any cousins and what were their names?
Yes, Andrew Carnegie had cousins. One of his prominent cousins was George Lauder, who later became a successful businessman in Scotland. Andrew Carnegie also had several other cousins, but their names are not as well documented.
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 is Andrew Carnegie's occupation?
Andrew Carnegie is a/an Industrialist, Philanthropist
What did Andrew Carnegie Invest in?
Andrew Carnegie invested on steel
What did Andrew carnegie Investments?
Andrew Carnegie invested on steel
What did Andrew Carnegie and John D. Rockefeller have in common?
Both Andrew Carnegie and John D. Rockefeller were wealthy industrialists who dominated their respective industries (Carnegie in steel, Rockefeller in oil) during the late 19th century. They were both known for their ruthless business tactics and amassed significant fortunes through their business ventures. Additionally, both men were philanthropists and donated large sums of money to various charitable causes and institutions.
