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The Carnegie Steel Company significantly transformed American industry and society by revolutionizing steel production through innovative processes like the Bessemer method, which made steel manufacturing more efficient and cost-effective. This led to the rapid expansion of infrastructure, including railroads, bridges, and buildings, fueling urbanization and economic growth in the late 19th century. Moreover, Andrew Carnegie's philanthropic efforts, including the establishment of libraries and educational institutions, contributed to the cultural and social development of communities. However, the company's labor practices also sparked significant labor movements, highlighting the tensions between industrial growth and workers' rights.
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Which company dominated the American steel industry by 1899?
The Carnegie Steel Company, founded by Andrew Carnegie.
Who bought Carnegie's steel company in 1901?
J. Pierpont Morgan bought Carnegie's steel company in 1901.
Who bought Carnegie's steel company?
US Steel
What did Andrew Carnegie invent?
Andrew Carnegie didn't invent anything. He started a company - The Carnegie Steel Company.
Who owned a large steel company was a prime example of Social Darwinism?
Andrew Carnegie, a prominent industrialist and philanthropist, owned a large steel company and believed in the principles of Social Darwinism. Carnegie believed that competition and "survival of the fittest" would lead to progress and success in society.
Why did the carnegie steel company came to an end in 1901?
J. P. Morgan bought it and changed the name.(;
Who owned a large steel company?
Andrew Carnegie was a prominent industrialist who owned a large steel company, Carnegie Steel Company, which became one of the largest and most profitable steel companies in the world during the late 19th century.
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.
Why were Rockefeller and carnegie so successful?
because rockefeller started the standard oil company and carnegie started the carnegie steel company.
Why was carnegie steel company was important?
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What are good questions to ask about Andrew Carnegie?
What impact did Andrew Carnegie have on the American steel industry? How did Andrew Carnegie's philanthropy efforts shape society? What role did Andrew Carnegie play in labor relations and the formation of unions? How did Andrew Carnegie's rise from poverty to wealth influence his views on wealth distribution and giving back to society?
What city or place is Andrew Carnegie Mansion in?
New York City Andrew Carnegie was founder of the Carnegie Steel Company which later became U.S. Steel.
