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What was the main reason why Andrew Carnegie invested in a coke company?

Carnegie wanted to get fuel for his steel plant.

Carnegie thought he could help the company.

Carnegie wanted to invest in new technology.

Carnegie was interested in the oil business.

2 Answers

4 votes

Answer:

fuel for the plant on edge

Step-by-step explanation:

User Paolo Capriotti
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The correct answer is Carnegie wanted to get fuel for his steel plant.

Carnegie invested in H.C. Frick Coke Company when the owner needed capital to expand his holdings. This was a strategic move because Frick’s company supplied coke to his steel companies


User Mrco
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