Describe two ways in which Carnegie Tried to control the steel industry?

1 answer

Answer

1117380

2026-02-25 13:05

+ Follow

Andrew Carnegie sought to control the steel industry primarily through vertical integration and strategic partnerships. By acquiring control over the entire production process—from raw materials to transportation and distribution—he reduced costs and increased efficiency. Additionally, Carnegie formed alliances and mergers with other companies, allowing him to consolidate power and dominate the market, ultimately leading to the establishment of the Carnegie Steel Company as a leading force in the industry.

ReportLike(0ShareFavorite

Related Questions

Copyright © 2026 eLLeNow.com All Rights Reserved.