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.
Answer:
Relationship
Explanation:
A relationship occurs among two or more objects or classes. In the object-oriented analysis , a relationship establishes a connection between the object
Succeed and get paid more.
Claim of argument, perhaps!
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Abstract
The distribution of wealth in the world is manifested by the polarization of a rich North and a poor South. Is the North-South conflict increasing or decreasing, and does it depend on such variables as major power conflict, intra-Northern conflict, and world prosperity, as some schools of thought maintain? Focusing on these questions from a leadership-long cycle perspective suggests several hypotheses about the interrelationships between global economic growth, Northern antagonism, and North-South conflict. The effect of conflict on growth is also examined. Generating data on world economic growth and major power conflict, intra-Northern conflict, and North-South conflict for the period from 1870 to 1992, vector auto-regression analysis is used to test new hypotheses. Results provide considerable support for the new hypotheses, provide mixed support for the previous arguments, and show that the relationship between world economic growth and conflict is not the same before and after World War II.
