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Andrew Carnegie used horizontal integration. He bought out his competition through this technique making his business more profitable.

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13y ago

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Related Questions

What empire did Andrew Carnegie buiid?

Andrew Carnegie didn't build an actual empire. It was just the name given to his work. Andrew is known for creating what is referred to as a "Steel Empire". He was a Scottish industrialist who led the huge expansion of the steel industry in the 19th century.


How did Andrew Carnegie business start?

He Found a steel industry in the United StateThen he decided to build tall very tall buildings called skyscrapers from steel


Where in Pennsylvania did Andrew Carnegie live when he moved from Scotland?

When Andrew Carnegie moved from Scotland to the United States, he initially settled in Pittsburgh, Pennsylvania. The family arrived in the U.S. in 1848, and Pittsburgh was where Carnegie would later build his fortune in the steel industry. The city's booming industrial environment was pivotal to his success and development as a business leader.


Industrialist Andrew Carnegie donated millions of dollars to help?

build libraries


What type of construction was Andrew carnegie's company set up to do?

Build railroads


How many Carnegie Libraries were funded by Andrew Carnegie?

Andrew Carnegie's company the Carnegie Corporation of New York helped build 1,689 public libraries in the United States between the years 1883 and 1929. Worldwide the number is 2509.


Which philanthropist build more than 2000 libraries world wide?

Andrew Carnegie


What method did Andrew Carnegie use to build the nations largest steel company?

Vertical Integration


Which industrialist donated money to build over 3000 libraries across the country?

Andrew Carnegie


What evidence do you find that Andrew Carnegie followed his own advice in rising to the top?

Andrew Carnegie followed his own advice in rising to the top by emphasizing continual self-improvement, networking with influential figures, and making strategic investments to grow his wealth. He applied his principles of hard work, innovation, and adaptability in his own business ventures, particularly in the steel industry, which ultimately led to his success and accumulation of wealth.


Who gave away more than 300 million dollars to help build universitieslibraiesmuseumsand theaters?

I think the one you are thinking of would be Andrew Carnegie founder of the Carnegie-Mellon university.


Why did Andrew Carnegie give his money to charity?

Andrew Carnegie believed in the concept of philanthropy and giving back to society. He believed that it was the duty of the wealthy to use their resources to improve the well-being of others. Carnegie also wanted to leave a positive legacy and make a lasting impact on society with his wealth.