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OC27 US History-2100310-S1-Meadows
Trusts and Big Business
Question 7
7
Assignment
Multiple Select
Trusts and Big Business
Question 7 • (OC27) US History-2100310-S1-Meadows
How did Carnegie build his monopoly? Check all of the boxes that apply.
Answer
A
He cut costs to drive down steel prices, forcing competitors out of business.
B
He bought competitors who had created new innovations in the industry.
C
He purchased refineries across the country to control the nation’s oil production.
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