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FL-2100310-United States History Sem 1
Trusts and Big Business
Question 14
14
Assignment
Multiple Choice
Trusts and Big Business
Question 14 • FL-2100310-United States History Sem 1
How did introducing the Bessemer process to Carnegie’s plants help him develop his monopoly?
Answer
A
It allowed him to produce high-quality steel, which increased demand for his product.
B
It lowered his transportation costs, which lowered his costs of production.
C
It enabled him to produce steel with fewer workers, which cut his labor costs.
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