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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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Read the sentence below and replace the underlined word with a synonym (a word that means the same thing).
Alla [95]

Hello. You did not underline the word, so I will show a synonym for each word (which may have a synonym) in the above phase.

Answer:

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  • Became: converted
  • Random: aleatory

Explanation:

"Synonym" is the linguistic term that represents two words that are written and pronounced differently, but have the same meaning and can be replaced by each other, in a sentence, without changing the meaning and the message conveyed by the sentence.

8 0
3 years ago
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RideAnS [48]
The most straightforward theory for Western Rome's collapse pins the fall on a string of military losses sustained against outside forces. Rome had tangled with Germanic tribes for centuries, but by the 300s “barbarian” groups like the Goths had encroached beyond the Empire's borders.
4 0
3 years ago
How might the water cycle and Earth be affected if the average temperature of the Earth decreases five degrees every year for te
Lina20 [59]

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5 0
3 years ago
Who was the first psychologist to use psychology in advertising?
Aleks [24]

Answer:

Walter Dill Scott

Explanation:

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5 0
3 years ago
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pychu [463]

Answer:

<em>Naive Idealism </em>

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Typical for teenagers is this type of mentality. People who think this way assume that something is going to work exactly as they want without actually thinking through the plan.

6 0
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