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In 1889, Andrew Carnegie believed that industrial people and businessmen held the power in the United States. Yes, private companies that were owned by wealthy people like him of John D. Rockefeller, owner of the Standard Oil Company.
Andrew Carnegie(1835-1919) was a Scottish businessman that came to America and developed a fortune creating a monopoly of steel in the United States, taking advantage of the poor legislation that existed in his time that did not control the formation of monopolies.