AnswersSOC321 US History Sem 1 25-26Trusts and Big BusinessQuestion 2
2
AssignmentMultiple Choice

Trusts and Big Business

Question 2 • SOC321 US History Sem 1 (25-26)

How did introducing the Bessemer process to Carnegie’s plants help him develop his monopoly?

Answer
A
It allowed him to produce high-quality steel, which increased demand for his product.
B
It lowered his transportation costs, which lowered his costs of production.
C
It enabled him to produce steel with fewer workers, which cut his labor costs.
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