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What are some industries that benefited from railroad expansion?
Some industries that benefited from railroad expansion were;the coal industrythe lumber industrythe furniture industrythe steel industry
What are three big industries of te gilded age?
steel, lumber, and textiles
How did the huge industrial trusts develop in industries such as steel and oil and what was their effect on the economy?
Huge industrial trusts developed in industries such as steel and oil because leaders of these industries, such as Carnegie and Rockefeller, more less or bought off the competition. What effect this ultimately had on the economy is a debated topic, however it was mainly positive, at least in the short term.
What were the two top industries in the US by the late 1930's?
In the 1930's the United States was in the process of recovering from the Depression. Two top industries at this time were the steel industry and railroad industry.
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
Why did Americans build fortunes in the oil and steel industries?
Americans built fortunes in the oil and steel industries due to the rapid industrialization and urbanization of the late 19th and early 20th centuries. The demand for oil as a fuel source and for emerging technologies, such as automobiles and machinery, drove significant investments and innovation in the oil sector. Similarly, the growth of infrastructure and construction created a booming market for steel, essential for railroads, buildings, and bridges. These industries were characterized by high profit margins and monopolistic practices, allowing industrialists like John D. Rockefeller and Andrew Carnegie to amass vast wealth.
Name two ways Americans used steel?
Americans used steel to build bridges and skscapers.
How did people benefited from steel tycoons?
Industries especially in the Steel industry benefitted from mass amounts of steel production to make larger cities and build railroads. PEN15
When was General Steel Industries created?
General Steel Industries was created in 1928.
When was Schnitzer Steel Industries created?
Schnitzer Steel Industries was created in 1906.
What is the population of Schnitzer Steel Industries?
The population of Schnitzer Steel Industries is 3,252.
What is Schnitzer Steel Industries's population?
Schnitzer Steel Industries's population is 2,006.
How did productivity change the lives of Americans?
strong steel made it possible to build skyscrapers and suspension bridges
Do the automotive industries use steel wire?
The automotive industries use steel wire
How did the growth of steel industry affect other industries?
The growth of the steel industry had a positive effect on other major industries. The steel industry strengthened the building and railroad industries.
How did the production of steel change American lives?
Electricity powered homes and factories. How did electricity change Americans' lives?
Which industries help the growth of railroads?
coal, steel, and lumber industries
