How did carnegie become so powerful?

Answer 1

Andrew Carnegie became powerful primarily through his strategic investments in the steel industry during the late 19th century. He founded the Carnegie Steel Company, which utilized innovative production techniques and efficiencies, allowing him to dominate the market. Additionally, his ability to integrate vertically by controlling every aspect of steel production, from raw materials to transportation, significantly increased his profitability. Carnegie's keen business acumen, coupled with his commitment to philanthropy later in life, solidified his legacy as one of the most influential industrialists of his time.