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In which business did Andrew Carnegie create a monopoly?
O the oil business
O the automobile business
O the telephone business
O the steel business

1 Answer

3 votes

Final answer:

Andrew Carnegie created a monopoly in the steel business.


Step-by-step explanation:

Andrew Carnegie created a monopoly in the steel business. He was a prominent figure in the steel industry during the late 19th century and early 20th century. Carnegie founded the Carnegie Steel Company, which eventually became U.S. Steel, and he controlled a significant portion of the steel production in the United States, giving him a monopoly in the industry.


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