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What else can I help you with?
Why is a Pakistan steel mill important?
They provide jobs for steelworkers and steel for a myriad of businesses. As Pakistan's steel industry grows, they can rely less on imported, foreign steel.
What made steel production efficient and less expensive?
The Bessemer Process
Who benefits the most during periods of unexpected inflation?
People who owe money benefit, because they are able to repay their loans in money that has less buying power. People who own property only benefit from general inflation in value in that they may be able to borrow more against its value (not actually more in real value).
Why do prices rise when the government prints to much money?
Well when your government prints more money, they still have the same amount of gold, so the gold is worth less of your country's money. The same applies to food and other items. As money is worth less, it buys less things
How does value of dollar changes?
the more of the money there is, the less of the value. the less of the money, the more of the value. for example, if the US government printed a LOT of money to fix the economy, the value of a dollar would be less because there are so much of it. hope that helps!
Why was Andrew carniegie important?
Andrew Carnegie was one of the wealthiest people in the 1800s, and made his fortune off the steel industry. He became a philanthropist, who, after selling his steel empire, gave away the bulk of his wealth to the less fortunate and charities.?æ?æ
Who was Andrew Carnegie's cousin?
Andrew Carnegie's cousin was William Carnegie, who was also involved in the steel industry. William worked alongside Andrew in various business ventures, particularly in the early days of Carnegie's career. While Andrew became a prominent figure in American industry and philanthropy, William's contributions were more localized and less well-known. Their family connection highlights the close-knit relationships often found in immigrant families during that era.
Why a large boat is able to float considering that steel is denser than water?
caz it has less dens
Does stainless steel rust more or less than blued steel?
less
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.
How did the huge industrial trusts develop in industries such as steel and oil and what was their effect on the economy?
Huge industrial trusts developed in industries such as steel and oil because leaders of these industries, such as Carnegie and Rockefeller, more less or bought off the competition. What effect this ultimately had on the economy is a debated topic, however it was mainly positive, at least in the short term.
How did the huge industrial trust develope in industries such as steel and oil and what was their effect on the economy?
Huge industrial trusts developed in industries such as steel and oil because leaders of these industries, such as Carnegie and Rockefeller, more less or bought off the competition. What effect this ultimately had on the economy is a debated topic, however it was mainly positive, at least in the short term.
Industry affected when Andrew Carnegie brought the bessemer process to us?
It affected the steel and railroad industry. Iron was the main foundation of railroads and when the Bessemer process created massed produced amounts of steel, the railroad industry greatly increased to. The carbon in the iron in the older railroads made the foundation of those railroads brittle and not as sturdy as steel, the steel became an asset to railroad creation. The Bessemer process burns off the carbon in the iron, thus creating steel. This process made steel cheaper, and the people of the steel industry were positively affected because the people in the railroad industry wanted the steel for better rails. The railroad industry was positively affected because now it was safer and stronger. They can earn more money because there are less accidents and can ship more at one time.
What were Andrew Carnegie's opinions about the most important issues facing American society?
Andrew Carnegie felt that the people who had wealth were the ones best able to make decisions that would affect everybody else. He thought that it was the responsibility of the wealthy to control and guide those less fortunate, who obviously were not as capable as the rich because they were not as successful.
What was the Pittsburgh Plus Pricing System in 1880's?
The Pittsburgh Plus Pricing System was designed by steel lords (like Carnegie and Morgan) in the North to keep the South at an economic disadvantage in the steel industry. The southern coal and iron ore deposits were close to where it could be processed, which would give the South an advantage since they would have to pay less money for shipping. The steel lords put pressure on the railroads to charge the goods with a fictional fee as if they had been shipped from pittsburgh. It was also, in an indirect way, punishment of the South during the reconstruction after the Civil War
What are the advantages of using steel tube rather than solid section steel?
Some are: 1. Less Steel used...less cost. 2. Less Weight for a given design strength. 3. Less Weight for a given Length.
I spend less today and i'm happy i was able to save money even just for today is a correct grammar?
The sentence is incorrect as it lacks the proper punctuation. A better sentence would be "I spent less today and I'm happy I was able to save money, even just for one day".
