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serious [3.7K]
3 years ago
12

How did the Carnegies purchase of Allegheny Steel contribute to the formation of his monopoly

History
2 answers:
Roman55 [17]3 years ago
8 0

Answer:

The purchase enabled Carnegie to create a more effective production method, is the right answer.

Explanation:

Andrew Carnegie, a Scottish steel industrialist, built the Carnegie Steel Company in the year 1892. The profit gained from the company made him the richest man of the time in the United States. He used the approach of horizontal integration to buy his competitors and left people with no choice to go to others. Therefore, in his course of developing a steel empire he bought the smaller companies to eradicate competition. Moreover, he employed new and better methods of production. Therefore, all these strategies enabled him to create a steel empire.

Arlecino [84]3 years ago
7 0
It gave Carnegie the raw materials he needed while also eliminating other competitors  <span />
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Imagine that time travel exists. what would surprise a knowledgeable observer in the period from 500 to 1000
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Answer and explanation;

Several changes would undoubtedly have surprised a knowledgeable observer, including;

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3 years ago
Which of the following was a typical activity for one of the black dispatches
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8 0
3 years ago
How might the Boxer Rebellion have persuaded the powers not to break up China into European-controlled colonies?
vredina [299]

Answer:

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Explanation:

5 0
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Explanation:

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3 years ago
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