10
QuizMultiple Choice

Monopolies and Trusts

Question 10 • RS AZ-US History A

What was the main reason that Carnegie invested in the Frick Coke Company?

Answer
A
He wanted to make sure he could always get fuel for his steel plant.
B
He thought he could help the company become profitable.
C
He wanted to invest in new technology.
D
He was interested in the coal business.

Explanation

Coke was an essential fuel in making steel, so Carnegie invested in the Frick Coke Company to secure a dependable supply for his steel plants. This is an example of vertical integration: controlling a key resource needed for production. The main reason was to ensure access to fuel, not simply to invest in coal or new technology.

AI-written and checked against the verified answer.