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.
The answer is 1
Box number 1 shows people who are willing to work hard and abide by local laws in order to achieve their goals.
Some people, on the contrary, might use socially unacceptable ways of making money e.g. thieves, robbers, and general criminals who do not abide by local laws and try to make money in an illegal fashion.
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It was the system that caused death among people all around
Surely the answer is number 4
The quantity demanded rises and this is how falling prices affect supply. The correct option among all the options that are given in the question is the third option. People will try to buy more of the product as the product is available at a much cheaper rate. This way the demand of the product in the market will rise.
