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Andrew Carnegie dominated the steel industry in the United States during the late 19th century. He founded Carnegie Steel Company, which became one of the largest and most profitable steel manufacturers in the world, playing a crucial role in the country's industrialization. His innovative approaches to production and business practices significantly influenced the steel industry and set the stage for modern manufacturing.
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Was Andrew Carnegie a robber baron or a caption of industry?
He was a captain of industry
Who had a monopoly in the steel industry?
Andrew Carnegie and then he sold it to J.P. Morgan
People was a steel industry tycoon?
Andrew Carnegie
Who was the leader of the American steel industry?
Andrew Carnegie
What methods did Andrew Carnegie and john Rockefeller use to consolidate their industry?
Andrew Carnegie used vertical integration to consolidate the steel industry by controlling every aspect of production, from raw materials to transportation and manufacturing. In contrast, John D. Rockefeller employed horizontal integration by buying out competitors and forming trusts to dominate the oil industry. Both leaders achieved significant economies of scale and reduced competition, allowing them to exert substantial control over their respective markets. Their strategies set the stage for modern corporate practices in America.
How did Andrew carnegie use vertical integration to dominate the steel industry?
buying every part of the process, there by taking business away from other companies.
What industry did carnegie dominate?
steel
Why Was PlayStation Created?
For Sony to dominate in the Computer Entertainment Industry
Who is the captain of industry who made steel?
Andrew Carnegie
Andrew carnegie dominated what industry?
steel
What industry did Andrew carnegie?
Steel
Was Andrew Carnegie a robber baron or a caption of industry?
He was a captain of industry
With which industry was Andrew Carnegie associated?
the steel industry --Bear
Who had a monopoly in the steel industry?
Andrew Carnegie and then he sold it to J.P. Morgan
Who invented the steel industry?
Andrew Carnegie
Who dominated the steel industry?
Andrew carnegie
Who is the captain of the steel industry?
Andrew carnegie
