4
QuizMultiple Choice

Trusts and Big Business — Quiz

Question 4 • US History

Which company was a monopoly during the Gilded Age?

Answer
A
Allegheny Steel
B
Carnegie Steel
C
AT&T
D
Homestead Steel Works

Explanation

Carnegie Steel became the dominant steel producer in the United States during the Gilded Age and is commonly described in this context as a monopoly. Homestead Steel Works and Allegheny Steel were smaller steel companies, while AT&T’s major telephone monopoly developed later.

AI-written and checked against the verified answer.

Previous
Next