Answers MO-US History II A New American IndustriesQuestion 1

1

AssignmentMultiple Choice

New American Industries

Question 1 • MO-US History II A

Which statement most accurately represents Carnegie’s effect on the steel industry between 1865 and 1892?

Answer

A

Carnegie built a monopoly by remaining focused on iron ore and coke supplies.

B

Carnegie was reluctant to change production methods and processes.

C

Carnegie stayed with the Pennsylvania Railroad until he opened his own plant and started making steel.

D

Carnegie realized that steel was the metal of the future and began to invest in or buy up potential competitors.

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