3
QuizMultiple Choice

Trusts and Big Business

Question 3 • EAP-Virginia and US History A CR

Which company was a monopoly during the Gilded Age?

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

Explanation

Carnegie Steel dominated the American steel industry in the late 19th century and is commonly identified as a Gilded Age monopoly. Homestead Steel Works and Allegheny Steel were steel businesses, but they were not the dominant company in the way Carnegie Steel was. AT&T became a major telecommunications monopoly later, not during the Gilded Age.

AI-written and checked against the verified answer.

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