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How did Andrew Carnegie define wealth?
In 2007, the New Republic Online reviewed a book, Andrew Carnegie, by David Nasaw. According to the review. . .>>"Carnegie . . .was one of the few rich Americans who could claim to be a self-made man. But, to his credit, he refused to do so, locating the source of his wealth -- indeed, of any millionaire's wealth -- in "the community," by which he meant that he had been in the right place at the right time: Pittsburgh in the 1870s, when the shift from iron to steel was about to take off. And as Nasaw convincingly shows, Carnegie also had a knack for insinuating himself with corporate mentors and turning them into dependable cronies.
How did andrew Carnegie's steel company become so successful?
he had low prices
Why were Rockefeller and carnegie so successful?
because rockefeller started the standard oil company and carnegie started the carnegie steel company.
How is the guy who made facebook so rich?
Because he made facebook....
How did carnegie become so powerful?
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.
Why is Carnegie Hall so famous?
Carnegie Hall was built by philanthropist Andrew Carnegie. It was originally called the Music Hall Founded by Andrew Carnegie. The name was changed in 1983 to Carnegie Hall. BTW did you know Carnegie Hall was almost demolished in 1960?
Why was Andrew Carnegie so important?
He built libarys and school
What year did Andrew Carnegie invent the steel?
So he can have a steel boner
How did Andrew Carnegie define wealth?
In 2007, the New Republic Online reviewed a book, Andrew Carnegie, by David Nasaw. According to the review. . .>>"Carnegie . . .was one of the few rich Americans who could claim to be a self-made man. But, to his credit, he refused to do so, locating the source of his wealth -- indeed, of any millionaire's wealth -- in "the community," by which he meant that he had been in the right place at the right time: Pittsburgh in the 1870s, when the shift from iron to steel was about to take off. And as Nasaw convincingly shows, Carnegie also had a knack for insinuating himself with corporate mentors and turning them into dependable cronies.
How did andrew Carnegie's steel company become so successful?
he had low prices
Why was Andrew Carnegie so important to the steel industry?
steel needed for railroad
Why was Andrew Carnegie so important to libraries?
because he built them so people didnt have to pay for the books
What made people dislike Andrew Carnegie?
Andrew Carnegie was disliked by people because he had a really big steel company everywhere and for every resource that he needed for his company he would have to make another company so like if I had a soda company and I needed sugar for the soda then I would have to make a sugar company so people disliked him because he had lots of companies.
What positive thing did Andrew Carnegie do for his steel company?
He monopolized it. Which meens he made it so others coulden't make the same industry like him or produce the same in that town...i believe.
Is a steel beam with carnegie embossed on it very old?
I think Andrew Carnegie sold out his steel company in 1901 to US Steel so I would guess it would be at least that old.
Are there any of Andrew carnegie family still alive?
Well, honey, Andrew Carnegie's descendants are still kicking around somewhere. The man had a whole bunch of kids, so you can bet your bottom dollar that there are some great-great-grandkids running amok. Whether they're living the high life or just scraping by, who knows? But yeah, the Carnegie clan is definitely still out there causing a ruckus.
What did the homestead act have to do with Andrew Carnegie?
The Homestead Act took place at Carnegie's homestead steel plant. The union workers of this plant were protesting because they had received a wage cut. Carnegie was usually kind to the union workers and never forced them to stop protesting. However, he was vacationing in Scotland on that fateful day in 1892. So the results of the strike were fatal. The Homestead Act ruined Andrew Carnegie's reputation of being a fair employer.
