Which statement most accurately represents Carnegie’s effect on the steel industry between 1865 and 1892?
A-Carnegie built a monopoly by remaining focused on iron ore and coke supplies.
B-Carnegie was reluctant to change production methods and processes.
C-Carnegie stayed with the Pennsylvania Railroad until he opened his own plant and started making steel.
D-Carnegie realized that steel was the metal of the future and began to invest in or buy up potential competitors.

THE ANSWER IS D

D. because carnegie produced steel and realized that steel played a major part in this time period.It was used for products such as household products, and eating utensils.

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ogorwyne ogorwyne · Answer 2 · 2021-09-17T16:22:11+02:00

The statement that accurately represents Carnegie's effect on steel is that he realized that steel was the metal of the future and invested in it. Option D is right.

Carnegie built a steel empire in the early 1870s. He eventually monopolized the steel industry. Andrew Carnegie and his associates managed this business in Pittsburg.

As at 1897, Andrew was the one controlling the whole of America's steel industry.

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