How did Carnegie build his monopoly?

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asked Feb 21, 2018 158k views

2 Answers

Muthuraj · Answer 1 · 2018-02-22T20:19:02+0000

Carnegie made his fortune in the steel industry, controlling the most extensive integrated iron and steel operations ever owned by an individual in the united states. one of his two great innovations was in the cheap and efficient mass production of steel by adopting and adapting the Bessemer process for steel making hope this helps

Pranav Asthana · Answer 2 · 2018-02-27T00:05:18+0000

a scot of the penny-pinching braveheart variety, went a long way in creating a monopoly in the steel industry when J.P. Morgan bought his steel company and melded it into u.s Steel hope this helps

How did Carnegie build his monopoly?

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