WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
ANDREW CARNEGIE
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Detailed explanation-1: -Early in 1901, J. P. Morgan, the country’s most powerful banker, merged Andrew Carnegie’s Carnegie Steel Corporation with nine other steel companies to form the world’s largest corporation.
Detailed explanation-2: -Founded in 2008, ArcelorMittal is the world’s largest steel maker in the Americas, Africa, and Europe.
Detailed explanation-3: -Andrew Carnegie: Steel Magnate In the early 1870s, Carnegie co-founded his first steel company, near Pittsburgh.
Detailed explanation-4: -U.S. Steel was capitalized at $1.4 billion and became the first billion-dollar corporation in American history.
Detailed explanation-5: -U.S. Steel’s largest domestic facility is Gary Works, in Gary, Indiana, on the shore of Lake Michigan. For many years, the Gary Works Plant was the world-largest steel mill and it remains the largest integrated mill in North America. It was built in 1906 and has been operating since June 28, 1908.