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Andrew Carnegie, an industrialist and philanthropist, became a prominent business tycoon through his involvement in the steel industry. Here's an overview of how Carnegie built his empire:
1. Early Career: Carnegie was born on November 25, 1835, in Scotland. His family immigrated to the United States when he was a child, and they settled in Pennsylvania. At the age of 13, Carnegie began working as a bobbin boy in a cotton factory. He later worked as a telegraph messenger and began investing in the stock market, gaining an understanding of business and finance.2. Railroad Industry: In the 1850s, Carnegie entered the railroad industry. He worked for the Pennsylvania Railroad, where he learned about transportation, logistics, and management. This experience gave him valuable insights into the steel industry's needs for railroad tracks and bridges.3. Keystone Bridge Company: In 1865, Carnegie co-founded the Keystone Bridge Company, which specialized in constructing iron bridges. The company's success led him to expand into the steel industry, as steel was stronger and more durable than iron.4. Vertical Integration: Carnegie recognized the potential of vertical integration, which involved controlling every stage of the steel production process, from mining the raw materials to distributing the finished products. He acquired iron and coal mines, coke ovens, and steel mills, creating an integrated production system.5. Carnegie Steel Company: In 1873, Carnegie formed the Carnegie Steel Company, which became one of the largest and most efficient steel producers in the world. He employed advanced production techniques, such as the Bessemer process, which enabled the mass production of steel at lower costs.6. Cost Reduction and Expansion: Carnegie focused on reducing costs by improving efficiency, increasing production, and implementing cost-saving innovations. He invested heavily in modern technologies and equipment to streamline operations. As the demand for steel grew, Carnegie expanded his business by acquiring rival companies and building new steel mills.7. Monopoly and Consolidation: Carnegie's ambition and aggressive business tactics led to the consolidation of the steel industry. He sought to eliminate competitors and gain control over the market. In 1901, Carnegie sold his company to J.P. Morgan's newly formed United States Steel Corporation, creating the world's first billion-dollar corporation.8. Philanthropy: After selling his steel company, Carnegie devoted himself to philanthropy. He believed in the concept of "the Gospel of Wealth," where the wealthy should use their fortunes to benefit society. Carnegie donated a significant portion of his wealth to various causes, including education, libraries, and peace initiatives.Andrew Carnegie's success as a business tycoon can be attributed to his keen business acumen, strategic vision, emphasis on efficiency, and aggressive expansion strategies. Through his contributions to the steel industry, he played a significant role in shaping America's industrial landscape during the late 19th and early 20th centuries.
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Related Questions
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Write a short description for each of the three steps in the voting process.
A: Registering to vote
B: Preparing to vote
C: Casting your vote
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Register to Vote. Visit Vote.gov to register to vote. ... Register online. This is …
Voter Registration Deadlines. Every state except North Dakota requires …
Video: Guide for the New Voter. If you're getting ready to vote for the first …
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help pls! for 10 points
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Explanation:
The Due Process Clause guarantees “due process of law” before the government may deprive someone of “life, liberty, or property.” In other words, the Clause does not prohibit the government from depriving someone of “substantive” rights such as life, liberty, or property; it simply requires that the government follow the law
How has the Parthenon
changed from ancient times?
Answers
Answer:
The purpose of the Parthenon has changed over its 2,500-year history, beginning as a temple dedicated to the goddess Athena Parthenos (“Athena the celibate”). The temple was then used to store the Ottomans' ammunition during a war with the Venetians, which is how an explosion led to the building's ruin in 1687.
which countries can be found in Oceania
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Answer:
Explanation:
Australia, Micronesia, Fiji, Kiribati, Marshall Islands, Nauru, New Zealand, Palau, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu and Vanuatu.
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Which of the following is the best example of a factor that led to the start of the Mexican-American War?
The United States Congress voted to annex Texas.
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One of the best examples of a factor that led to the Mexican-American War was when The United States Congress voted to annex Texas.
What led to the Mexican-American War?After the Texan War of Independence, the Mexicans refused to recognize the independence of Texas and still regarded it as their territory.
As a result, when the United States Congress voted to annex Texas, this led to the Mexicans being very angry and precipitating the Mexican-American War.
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what factors did President Obama take into consideration when he nominated Sonia Sotomayor, Elena Kagan, and Merrick Harland to fill Supreme Court vacancies? why did the vacancies occur for Obama to nominate these people in the first place? what were the results of the nominations?
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The nomination of Supreme Court justices is a consequential task for the president of the United States. There are various factors to consider when selecting a candidate for the Supreme Court. President Obama nominated Sonia Sotomayor, Elena Kagan, and Merrick Garland to fill Supreme Court vacancies considering many different factors. Some of the factors were:
1. Judicial experience and qualifications - Sotomayor and Kagan both had prior judicial experience while Garland was a highly respected judge on the D.C. Circuit Court of Appeals.
2. Ideological balance - Obama wanted to balance the ideological composition of the court by appointing more liberal justices to replace more conservative ones.
3. Identity politics - Sotomayor would be the first Hispanic and Kagan would be the fourth woman to sit on the Supreme Court.
4. Personal and professional background - Obama wanted to appoint individuals with impeccable personal and professional credentials.
In the case of these three nominees, vacancies occurred due to different reasons. President Obama nominated Sonia Sotomayor for the Supreme Court in 2009 after Justice Souter announced his retirement. Elena Kagan was nominated in 2010 to replace Justice John Paul Stevens, who retired at the age of 90. In 2016, President Obama nominated Merrick Garland to replace Antonin Scalia, who had passed away suddenly earlier that year. However, Garland's nomination was stalled by Senate Republicans who refused to consider any nominee until after the 2016 presidential election.
The nominations of Sotomayor and Kagan were successful, and they were both confirmed by the Senate to serve as Supreme Court justices. However, Garland's nomination was not successful, and he was not given a hearing or a vote in the Senate despite his qualifications and previous bipartisan support.
In summary, when Obama nominated Sotomayor, Kagan, and Garland, he took different factors into account. Two of his nominations were successful and led to more balanced representation on the court, while one of them was unsuccessful due to political differences in the Senate.
Select the correct answer. Who is the audience for President Roosevelt's speech? O only US citizens and Congress O only Japan and Britain O only the news media O the whole world
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Answer:
hour
Explanation:
Answer: i know i am late but the answer is (the whole world)
Explanation:
By giving his speech on the radio, Roosevelt intended to share his message with the world.
i love all of you drink you water eat your food and exercise stay healthy <333
Who made up the workforce? What were their working conditions?
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During the last three decades of the nineteenth century, the majority of Americans became wage earners, people who worked for someone other than themselves. This was a first in U.S. history, as self-employed farmers had previously made up the majority of the population
do you think there should be a separate election for the president and the vice president?
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\(answer\)
the vice president should be working in tandem with the president as both represent the executive branch of the government.
Maybe Brainlist Answer:-)HappyEveryonePHAnswer:
yes,I think there should be seperate election for the president and the vice president
How did daily life in Spain differ before and after the Muslims were defeated
Answers
Answer:
The Spanish and Muslims lived peaceful lives, there was few problems until the reconquista.
Explanation:
how did adam smith contribute to the economic way of thinking?
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Which event marked the end of the Dutch Revolt or Eighty Years' War?
The rise of the House of Bourbon in France in 1589.
The signing of the Twelve Years' Truce in 1609.
The end of the Thirty Years' War in 1648.
The launch of Louis XIV's personal rule in 1661.
The accession of William and Mary to the English throne in 1689.
Answers
Answer:
The signing of the Twelve Years' Truce in 1609.
Explanation:
On April 9, 1609, a truce was agreed to in Antwerp to ameliorate the situation. This signalled the end of the Dutch Revolt and the start of the Twelve Years' Truce.
What was Hideki Tojo’s role in the Japanese government?
He helped the military seize control and became prime minister.
He overthrew Emperor Hirohito and was named the new emperor.
He helped the military seize control and organized free and fair elections.
He overthrew Emperor Hirohito and established a democratic government.
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Hideki Tojo's role in the Japanese government was that he helped the military seize control and eventually became the prime minister. Option A. Tojo, born on December 30, 1884, was a career military officer who rose to prominence in the 1930s as Japan's militarist faction gained power.
Tojo's key role came during World War II when he served as the Prime Minister of Japan from October 1941 to July 1944. He was a strong advocate for expansionist policies and was instrumental in leading Japan into war with the United States and its allies. Tojo played a significant role in shaping Japan's war strategy, overseeing military operations, and promoting the militaristic ideology prevalent at the time.
As Prime Minister, Tojo exercised significant control over the Japanese government and military apparatus. His tenure witnessed a deepening of Japan's war efforts and a crackdown on dissent within the country. Tojo's policies included the establishment of a totalitarian regime, censorship, and the suppression of political opposition.
It is important to note that Tojo did not overthrow Emperor Hirohito nor establish a democratic government, as options (b) and (d) suggest. Tojo's regime was authoritarian and based on militarism, and his tenure ended when Japan faced significant military setbacks and internal turmoil. After Japan's surrender in 1945, Tojo was arrested and later tried for war crimes. He was convicted and executed on December 23, 1948.
In summary, Hideki Tojo's role in the Japanese government was that he helped the military seize control and became the prime minister. He was a key figure in Japan's militarist regime during World War II, advocating aggressive expansionist policies and leading the country into war. Therefore the correct option is A
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What city has the largest population of Jewish Americans in the United States ?
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Answer:
Explanation: Judaism is the second-largest religion practiced in New York City, with approximately 1.6 million adherents as of 2022, representing the largest Jewish community of any city in the world, greater than the combined totals of Tel Aviv and Jerusalem.
what does the term capitalism and communism mean
Answers
communism- a philosophical/social/political/economic ideology which establishes a classless society in which all property and wealth are owned by a community and not by individuals
What does this caricature represent ?
Answers
Answer:
apresadent
Explanation:
∈∴⇅Who were the opposing sides in China's civil war?
Answers
Answer:
The announcement ended the costly full-scale civil war between the Chinese Communist Party (CCP) and the Nationalist Party, or Kuomintang (KMT), which broke out immediately following World War II and had been preceded by on and off conflict between the two sides since the 1920's.
If the governor decides to veto the bill, there is nothing the legislature can do about
it.
A.True
B.False
Answers
Answer:
False
Explanation:
This is false because the legislature can still attempt to do something about it but if they don't win over there attempt then then it becomes law therefore after legislature can do nothing about it.
Any political movement that represents “the common people” is called
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Answer:
A populist movement
Explanation:
A political movement that represents "the common people" is often referred to as a populist movement.
Why was 1968 described as "The Year That Shattered America"? the slow shift of two political parties the assassination of Martin Luther King Jr. the violent acts the Freedom Riders faced the assassination of John F. Kennedy the voting down of a peace platform at the convention
Answers
"The year 1968 was described as "The Year That Shattered America" because"-
" the slow shift of two political parties"" the assassination of Martin Luther King Jr.""voting down of a peace platform at the convention""The assassination of American civil right's movement leader "Martin Luther King Jr". and presidential participant "Robert Kennedy" occurred in 1968. It is thus considered the most disrupted year in American past. This year noticed the "Tet Offensive in Vietnam", rise in anti- war uprisings, a democratic convention followed by the assassinations of "Martin Luther King, Jr. and "Robert Kennedy" and a fierce election."
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What was an effect of the Civil War
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Answer:
The Civil War confirmed the single political entity of the United States, led to freedom for more than four million enslaved Americans, established a more powerful and centralized federal government, and laid the foundation for America's emergence as a world power in the 20th century.
Compare the passage by Roger Williams with the passage from the General Laws of the Colony of New Plymouth. Which of the following describes the
Greatest similariv de ween kocer willams and he government o the eivmouth colonv
• A. Both argue that governments should reflect religious beliefs.
• B. Both believe that religious groups deserve protection.
C. Both agree that religion can be used for negative purposes.
• D. Both feel that religion and government should be separated.
Answers
The greatest similarity between Roger Williams and the government of the New Plymouth Colony is described by option D: Both feel that religion and government should be separated.
Roger Williams, in his passage, advocated for the separation of church and state, emphasizing the need for religious freedom and the avoidance of government interference in matters of conscience. He believed that a person's relationship with God should not be dictated or controlled by the state.The passage from the General Laws of the Colony of New Plymouth also reflects a similar sentiment. It establishes a system where religious groups are given protection and freedom to practice their beliefs without interference from the government. This suggests a recognition of the need to separate religious matters from governmental authority.Therefore, option D, which states that both Roger Williams and the government of the New Plymouth Colony believed in the separation of religion and government, best describes the greatest similarity between them.
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Answer:
C
Explanation:
just took it
Who is Abramham Linckin? Word paragraph: 3000 words (including periods, comma, etc. Please don't do something funny to the answer! Thank you!
Answers
Answer:
Your Welcome :) please mark as brainlies and give alot of points
Explanation:
Abraham Lincoln (/ˈlɪŋkən/; February 12, 1809 – April 15, 1865) was an American lawyer and statesman who served as the 16th president of the United States from 1861 until his assassination in 1865. Lincoln led the nation through the American Civil War and succeeded in preserving the Union, abolishing slavery, bolstering the federal government, and modernizing the U.S. economy.
Lincoln was born into poverty in a log cabin and was raised on the frontier primarily in Indiana. He was self-educated and became a lawyer, Whig Party leader, Illinois state legislator, and U.S. Congressman from Illinois. In 1849, he returned to his law practice but became vexed by the opening of additional lands to slavery as a result of the Kansas–Nebraska Act. He reentered politics in 1854, becoming a leader in the new Republican Party, and he reached a national audience in the 1858 debates against Stephen Douglas. Lincoln ran for President in 1860, sweeping the North in victory. Pro-slavery elements in the South equated his success with the North's rejection of their right to practice slavery, and southern states began seceding from the Union. To secure its independence, the new Confederate States fired on Fort Sumter, a U.S. fort in the South, and Lincoln called up forces to suppress the rebellion and restore the Union.
Lincoln, a moderate Republican, had to navigate a contentious array of factions with friends and opponents from both the Democratic and Republican parties. His allies, the War Democrats and the Radical Republicans, demanded harsh treatment of the Southern Confederates. Anti-war Democrats (called "Copperheads") despised Lincoln, and irreconcilable pro-Confederate elements plotted his assassination. He managed the factions by exploiting their mutual enmity, carefully distributing political patronage, and by appealing to the American people. His Gettysburg Address appealed to nationalistic, republican, egalitarian, libertarian, and democratic sentiments. Lincoln scrutinized the strategy and tactics in the war effort, including the selection of generals and the naval blockade of the South's trade. He suspended habeas corpus in Maryland, and he averted British intervention by defusing the Trent Affair. He engineered the end to slavery with his Emancipation Proclamation, including his order that the Army and Navy liberate, protect, and recruit former slaves. He also encouraged border states to outlaw slavery, and promoted the Thirteenth Amendment to the United States Constitution, which outlawed slavery across the country.
Lincoln managed his own successful re-election campaign. He sought to heal the war-torn nation through reconciliation. On April 14, 1865, just days after the war's end at Appomattox, he was attending a play at Ford's Theatre in Washington, D.C., with his wife Mary when he was fatally shot by Confederate sympathizer John Wilkes Booth. Lincoln is remembered as a martyr and hero of the United States and is often ranked as the greatest president in American history.
Ancient Chinese writing relied on
Answers
Explanation:
Writing in Ancient China
Ancient Chinese writing evolved from the practice of divination during the Shang Dynasty (1600-1046 BCE). ... The majority of recent scholarship agrees that writing evolved during the Shang Dynasty and developed from there.
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14. Which event occurred first during the communist revolution in Russia?
The Bolshevik Party began taking over government buildings in Petrograd.
O A civil war erupted between the White Army and Red Army.
A treaty was signed forming the United Soviet Socialist Republic.
The Petrograd Soviet formed after a spontaneous uprising by civilians and soldiers.
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Answer:
I believe that your answer is D. If not, then the answer is definitely A. If I am wrong please correct me in the comments.
Where can the rights of citizens be found in the Constitution?
Answers
Answer:
The Bill of Rights.
Explanation:
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How did the immigration act of 1965 change U.S. immigration policy
Answers
The Immigration and Nationality Act of 1965, also known as the Hart-Celler Act, was a significant turning point in U.S. immigration policy. The act eliminated the quota system that had been in place since 1924 and established a new system of family-based and employment-based preferences.
This act did change US immigration policy.What is the Immigration and Nationality Act of 1965?The Immigration and Nationality Act of 1965 was signed into law by President Lyndon B. Johnson on October 3, 1965. The act was primarily designed to eliminate racial and national discrimination in the U.S. immigration system. The previous immigration policy established in 1924 was based on the quota system, which placed strict limits on the number of immigrants allowed into the country based on their country of origin and national origin. This made it difficult for immigrants from non-European countries, such as Asia and Africa, to enter the United States.The 1965 Act eliminated the quota system that had been in place since 1924 and replaced it with a new system of family-based and employment-based preferences. The act allowed family members of U.S. citizens and permanent residents to immigrate to the United States, regardless of their country of origin or nationality. It also allowed skilled workers and professionals to immigrate to the United States.The impact of the Immigration and Nationality Act of 1965 was significant. It opened the doors to millions of immigrants who had previously been excluded from the United States based on their race, national origin, or country of origin. The act has contributed to the diversity of the United States and has helped to shape the country's social, cultural, and economic landscape.
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What had James J. Braddock invested all of his money in that cost him all he had?
Answers
Answer:
market
Explanation:
The significance of trade and Islam for west Africa became clearest during the reign of Sundiata's grand-nephew Mansa Musa, who ruled Mali from 1312 to 1337, during the high point of the empire.____
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He ruled Mali from 1312 to 1337,during the high point of the empire controlled territories rich in gold and copper.
During his reign,Mali was one of the richest kingdoms in Africa and Mansa Musa was among the richest people in the world.The former kingdom of Mali spanned parts of present-day Mali, Senegal,The Gambia,Guinea, Niger,Nigeria, Chad, Mauritania,and Burkina Faso.Mansa Musa turned cities like Timbuktu and Gao into important cultural centers.He also brought in architects from the Middle East and across Africa to design new buildings for his cities Bakr II,disappeared at sea.Mansa Abu Bakr II had set out in a large fleet of ships to explore the Atlantic Ocean and never returned.Mansa Musa inherited an already wealthy kingdom,but his work in expanding trade made Mali the richest kingdom in Africa.His wealth came from the extraction of important deposits of salt and gold in the kingdom of Mali.Elephant ivory was another important source of wealth.
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The Treat of Versailles?
Answers
Answer:
The Treaty of Versailles ended the state of war between Germany and the Allied Powers.(Ended World War I.) It was also signed in Paris on June 28, 1919. The Treaty of Versailles also blamed Germany World War I and imposed heavy debt payments on Germany.
Explanation: