How did the Carnegie's purchase of Allegheny Steel contribute to the formation of his monopoly? The purchase gave Carnegie new access to the raw materials he needed. The purchase enabled Carnegie to discover a more efficient production method. The purchase enabled Carnegie to control most of the rail lines. The purchase gave Carnegie control of coke production.

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History

Valentino Hamilton

10 October, 09:43

How did the Carnegie's purchase of Allegheny Steel contribute to the formation of his monopoly? The purchase gave Carnegie new access to the raw materials he needed. The purchase enabled Carnegie to discover a more efficient production method. The purchase enabled Carnegie to control most of the rail lines. The purchase gave Carnegie control of coke production.

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Evan Hodge · Answer 1

Answer: The Purchase enabled Carnegie to discover a more efficient production method.

Explanation: This is true because through the Bessemer Process (which he learned in Europe), he was able to process and mass produce the material, making it stronger and more inexpensive. As a result, the material spread and was used to build multiple buildings, the base for the Statue of Liberty, and promoted the construction of Skyscrapers.

Bullwinkle · Answer 2

The purchase gave Carnegie control of coke production

Explanation: Monopoly was a stable feature of business by the robber barons in the late nineteenth century