We appreciate your visit to Of the industrialists listed below which two are known for their leadership in the steel industry A Rockefeller and Carnegie B Carnegie and Morgan C. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
Final answer:
The two industrialists known for their leadership in the steel industry are Carnegie and Morgan. Andrew Carnegie founded Carnegie Steel and dominated steel production in the U.S., while J. P. Morgan helped consolidate steel companies to create the United States Steel Corporation. Rockefeller and Ford are associated with oil and automobiles, respectively, not steel.
Explanation:
Industrial Leadership in the Steel Industry
The question asks which two industrialists are known for their leadership in the steel industry. The correct answer is Carnegie and Morgan. Andrew Carnegie founded the Carnegie Steel Company and was a pioneer in American steel production, particularly due to his use of the Bessemer Process, which allowed for stronger and cheaper steel production. By 1900, Carnegie's company was producing more steel than all of Great Britain combined.
J. P. Morgan played a crucial role in the steel industry as well; he led the consolidation of several steel companies and helped create the United States Steel Corporation by purchasing Carnegie Steel in 1901, thus forming the first billion-dollar corporation in the United States.
In contrast, John D. Rockefeller was primarily known for his leadership in the oil industry with his company, Standard Oil, whereas Henry Ford is famous for revolutionizing the automobile industry with the assembly line production method.
Learn more about steel industry here:
https://brainly.com/question/38458858
Thanks for taking the time to read Of the industrialists listed below which two are known for their leadership in the steel industry A Rockefeller and Carnegie B Carnegie and Morgan C. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!
- Why do Businesses Exist Why does Starbucks Exist What Service does Starbucks Provide Really what is their product.
- The pattern of numbers below is an arithmetic sequence tex 14 24 34 44 54 ldots tex Which statement describes the recursive function used to..
- Morgan felt the need to streamline Edison Electric What changes did Morgan make.
Rewritten by : Barada
