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Firdavs [7]
3 years ago
12

How did the Carnegie’s purchase of Allegheny Steel contribute to the formation of his monopoly?

Social Studies
1 answer:
babymother [125]3 years ago
7 0
Carnegie decided that he was going to be a capitalist who concentrates on one industry - the steel industry. He constructed his first steel mill in the around 1875. The profit he made from this steel mill allowed him to buy up other nearby steel mills. As Carnegie's empire grew, he bought up more of the competing steel mills. His purchase of Allegheny Steel contributed to the formation of his monopoly because it was one of his last major competitors. The definition of a monopoly is a company or enterprise that is the only seller of a certain product. By the time Carnegie had finished buying up his competitors, his company was the only company left in the steel industry. 
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Answer:

She was a christian girl who was tortured for her Christian faith.

Explanation:

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2 years ago
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Answer:

is conducted to improve the performance of a firm's existing sourcing activities.  

Explanation:

The first step of the strategic sourcing process, which is sometimes kicked off in response to an entirely new need within an organization, in the vast majority of cases, is <u>conducted to improve the performance of a firm's existing sourcing activities</u>.  Strategic sourcing process involves developing channels of supplies of inputs or product at the lowest possible cost. The first step in strategic sourcing process involved conducting an internal needs assessment of the sourcing gaps of the organization and the best sourcing strategy to adopt.

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