Carnegie's primary innovation was to own all asppects of the steel production business (coal mines, smelters, etc.), which cut costs and increased profits.
1903
The leader of the steel industry in the early 20th century was Andrew Carnegie, a Scottish-American industrialist. He founded Carnegie Steel Company, which became the largest and most profitable steel company in the world. Carnegie's innovative practices and focus on efficiency and production helped revolutionize the steel industry, ultimately contributing to America's industrial growth during that era. His legacy includes significant philanthropic efforts after selling his steel business to J.P. Morgan in 1901, forming U.S. Steel.
Andrew Carnegie was the millionaire tycoon who made his riches in the steel industry.
His company manufactured steel.
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.
Andrew Carnegie
Steel
steel
the steel industry --Bear
Andrew Carnegie controlled the steel industry during the Industrial Revolution.
Andrew Carnegie and then he sold it to J.P. Morgan
Andrew Carnegie
Andrew carnegie
Andrew carnegie
Andrew Carnegie-apex
Andrew Carnegie
Andrew Carnegie