AnswersLA-US History A Distance LearningNew American Industries

New American Industries Answers

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1
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Which statement most accurately represents Carnegie’s effect on the steel industry between 1865 and 1892?

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.
2
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Which similarities did you include in your answer?

A
Both started work at an early age.
B
Both learned important skills in their first jobs.
C
Both built monopolies in their industries.
D
Both wanted to remove as many of their competitors as possible.

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New American Industries Answers — LA-US History…