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In the 1870s he co-founded his first steel company near Pittsburgh. In the following decades he created a steel empire by maximizing profits and minimizing inefficiencies. He did this through ownership of factories, raw materials and transportation infrastructure involved in steel making.

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Andrew Carnegie gained control of a large percentage of the steel industry by doing?

By Buying out his suppliers.


Andrew carnegie gained control of large percentage of the steel industry by doing all of the following except?

Andrew Carnegie did not cut the quality of his products in the process of gaining control of a significant percentage of the steel industry. His net worth, in today's dollars, was $298.3 billion.


How did Andrew carnegie gain his wealth?

Andrew Carnegie gained his wealth from the steel industry. He is the founder of the company, US Steel which he created in 1901.


How did Andrew carnegie gain control of a large percentage of steel industry?

I'm not sure?


With which industry was Andrew Carnegie associated?

the steel industry --Bear


Who controlled the steel industry?

Andrew Carnegie controlled the steel industry during the Industrial Revolution.


Andrew carnegie dominated what industry?

steel


Which industry did Carnegie monopolize?

The steel Industry


Who had control of the steel industry in the 1870's?

I'm not positive but i think that would be Andrew Carnegie.


Describe two ways in which Carnegie Tried to control the steel industry?

Andrew Carnegie sought to control the steel industry primarily through vertical integration and strategic partnerships. By acquiring control over the entire production process—from raw materials to transportation and distribution—he reduced costs and increased efficiency. Additionally, Carnegie formed alliances and mergers with other companies, allowing him to consolidate power and dominate the market, ultimately leading to the establishment of the Carnegie Steel Company as a leading force in the industry.


What industry did Andrew carnegie?

Steel


What industry did carnegie dominate?

steel