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Andrew Carnegie significantly transformed the American economy through his pioneering role in the steel industry, which became a backbone of industrial growth in the late 19th century. By implementing innovative production techniques and promoting the use of steel in construction and manufacturing, he helped lower costs and increase efficiency. His business practices and emphasis on vertical integration set new standards for American industry, fostering competition and leading to the expansion of infrastructure, such as railroads and bridges. Additionally, his philanthropic efforts later on contributed to education and libraries, further shaping American society and its economic landscape.
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What impact did Andrew Carnegie and John D. Rockefeller have on the American economy in the last half of the 1800s?
They established and dominated the new steel and oil industries.
What impact did Andrew Carnegie and john D Rockefeller have on the American economy in the last half of 1800s?
They established and dominated the new steel and oil industries.
What are the 4 major business practice of Andrew carnegie?
Ah, Andrew Carnegie was a remarkable individual known for his business practices. He believed in four major principles: work hard, invest wisely, innovate constantly, and give back to the community. By following these principles, he was able to build a successful business empire while also making a positive impact on society.
What impact did world war ii have on the American economy?
permanently ended the Great Depression
Impact marine insurance on an economy?
Impact marine insurance on an economy?
What impact did Andrew Carnegie and john d Rockefeller have on the American economy in the half of the 1800s?
They established and dominated the new steel and oil industries.
What impact did Andrew Carnegie and John D Rockefeller have on the American economy in the last half of the 1800s?
They established and dominated the new steel and oil industries.
What impact did Andrew Carnegie and john D Rockefeller have on the American economy in the last half of 1800s?
They established and dominated the new steel and oil industries.
What impact did Andrew Carnegie and John D. Rockefeller have on the American economy in the last half of the 1800s?
They established and dominated the new steel and oil industries.
What are good questions to ask about Andrew Carnegie?
What impact did Andrew Carnegie have on the American steel industry? How did Andrew Carnegie's philanthropy efforts shape society? What role did Andrew Carnegie play in labor relations and the formation of unions? How did Andrew Carnegie's rise from poverty to wealth influence his views on wealth distribution and giving back to society?
What was Andrew Carnegie's impact on the world that is still here?
Carnegie hall
How did Andrew Carnegie impact society?
He created monopoly
How did Andrew carnegie contribute to civic and social life in the US?
Andrew Carnegie contributed to civic and social life in the US by donating a significant portion of his wealth to support the building of libraries, schools, and cultural institutions. His philanthropic efforts aimed to provide educational opportunities and resources to the public, helping to improve social mobility and access to knowledge. Carnegie's contributions had a lasting impact on American society by promoting literacy, education, and cultural enrichment.
How did Andrew Carnegie impact on the development of the US?
His philanthropy was used to make libraries across America.
What impact did Andrew jacksons actions in the 1830s have on the economy?
They caused inflation to rise
What impact did president Andrew Jacksons actions in the 1830s have on the economy?
They caused inflation to rise
What impact did President Andrew Jackson actions in 1830 have on the economy?
They caused inflation to rise
