TCAP U.S. History EOC Practice Questions - TCAP U.S. History And Geography End-of-Course Assessment Exam

How did Andrew Carnegie achieve dominant control over the steel industry in the late nineteenth century?

By adopting vertical integration to control every stage of production from iron ore extraction to final manufacturing By purchasing competing steel mills exclusively through international stock speculation By relying on government subsidies to eliminate foreign steel imports By outlawing all technological innovations in his mills to keep labor costs predictable

Correct Answer:

By adopting vertical integration to control every stage of production from iron ore extraction to final manufacturing

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