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

Question

3 years ago

10

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

ccess to the raw materials he needed. The purchase enabled Carnegie to discover a more efficient production method. The purchase enabled Carnegie to control most of the rail lines. The purchase gave Carnegie control of coke production.

History

2 answers:

prohojiy [21] · Answer 1 · 2022-03-16T08:55:27+03:00

prohojiy [21]3 years ago

7 0

Answer:

The purchase gave Carnegie control of coke production

Explanation: Monopoly was a stable feature of business by the robber barons in the late nineteenth century

Alex_Xolod [135] · Answer 2 · 2022-03-16T07:08:23+03:00

Answer: The Purchase enabled Carnegie to discover a more efficient production method.

Explanation: This is true because through the Bessemer Process (which he learned in Europe), he was able to process and mass produce the material, making it stronger and more inexpensive. As a result, the material spread and was used to build multiple buildings, the base for the Statue of Liberty, and promoted the construction of Skyscrapers.