185k views
5 votes
What business practice contributed most to Andrew Carnegie's ability to form a monopoly?

User AmeyCU
by
8.7k points

1 Answer

5 votes
I think , what mostly contributed to Andrew Carnegie's ability to form a monopoly, was his particular strategy to acquire the sources of materials he needed in the industry. He did not have to depend on suppliers for raw materials, but instead he acquired the supply sources (iron ore fields, mines, oil fields, etc.)
User Rufflewind
by
7.8k points