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Andrew Carnegie was successful due to his innovative approach to steel production, particularly through the adoption of the Bessemer process, which allowed for efficient and cost-effective steel manufacturing. His strategic investments in railroads and infrastructure further expanded his market reach. Additionally, Carnegie's emphasis on vertical integration enabled him to control every aspect of production, from raw materials to distribution. His philanthropic efforts later in life also solidified his legacy as a prominent industrialist.
What else can I help you with?
How did andrew Carnegie's steel company become so successful?
he had low prices
Who had a monopoly in the steel industry?
Andrew Carnegie and then he sold it to J.P. Morgan
What was Andrew Carnegie's monopoly?
Andrew Carnegie's Monopoly is the extreme case in capitalism.
How did Andrew Carnegie become a successful businessman?
he wrote letters to people all around the world and made over 35 million .
Who was Andrew Carnegie and how did he cut costs?
Andrew Carnegie drastically cut labor and time required to shift material from one operation to another
How did andrew Carnegie's steel company become so successful?
he had low prices
What were Andrew carnegie's parents names?
Andrew Carnegie's father was William Carnegie. His mother was Margaret Morrison Carnegie.
Which American objected to U.S invented in cuba?
Andrew Carnegie
Is Andrew Carnegie single?
No, Andrew Carnegie is not single.
How did Andrew Carnegie rise to power?
Andrew Carnegie started as a telegrapher in the Pittsburgh Office of the Ohio Telegraph Company. He rose rapidly and soon was a supervisor and a superintendent. He eventually became the president of railroads and very wealthy.
How old was Andrew Carnegie's daughter when he died?
Margaret Carnegie Miller (Andrew Carnegie's daughter) was 22 years old when Andrew Carnegie died.
Did Andrew Carnegie have any cousins and what were their names?
Yes, Andrew Carnegie had cousins. One of his prominent cousins was George Lauder, who later became a successful businessman in Scotland. Andrew Carnegie also had several other cousins, but their names are not as well documented.
What did Andrew Carnegie Invest in?
Andrew Carnegie invested on steel
What did Andrew carnegie Investments?
Andrew Carnegie invested on steel
What is Andrew Carnegie's occupation?
Andrew Carnegie is a/an Industrialist, Philanthropist
What is Andrew Carnegie's full name?
He didn't have middle name, if you still want the answer then Mr. Andrew Carnegie
Who was Andrew carnegie's mother and father?
Andrew Carnegie's father was William Carnegie and his mother was Margaret Morrison Carnegie.
