USA HISTORY

WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900

ANDREW CARNEGIE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In what industry did Carnegie make his fortune?
A
Steel
B
Oil
C
Cattle
D
Railroads
Explanation: 

Detailed explanation-1: -Scottish-born Andrew Carnegie (1835-1919) was an American industrialist who amassed a fortune in the steel industry then became a major philanthropist. Carnegie worked in a Pittsburgh cotton factory as a boy before rising to the position of division superintendent of the Pennsylvania Railroad in 1859.

Detailed explanation-2: -However, he decided to invest more time in the steel industry in 1875 and built his own steel plant in Braddock, Pennsylvania. Known as the Edgar Thomson Works, Carnegie’s steel mill adopted the Bessemer steel-making process and any other technological innovations that helped factory operations run more efficiently.

Detailed explanation-3: -Carnegie Steel Company was a steel-producing company primarily created by Andrew Carnegie and several close associates to manage businesses at steel mills in the Pittsburgh, Pennsylvania area in the late 19th century.

Detailed explanation-4: -Carnegie adopted a new process invented by Sir Henry Bessemer that allowed steel to be made from iron more efficiently and quickly. This lowered the cost for steel, expanding the market. While this Bessemer steel didn’t work for bridges or buildings, it worked well for railways.

Detailed explanation-5: -Historical Sketch of the Carnegie Steel Company. Andrew Carnegie (1835-1919), founder of the Carnegie Steel Company, was born on November 25, 1835, in Dunfermline, Scotland, to William and Margaret (Morrison) Carnegie.

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