Who Was A Leading Figure In The Building Of The First Big Business? Andrew Carnegie Children Margaret Carnegie Miller Parent(s) William Carnegie Margaret Morrison Carnegie What led to the rise of big business? Big business grew in the late nineteenth century when new sources of power such as the steam engine, coal, and electricity drove
How Did Carnegie Help The Economy? In the early 1870s, Carnegie co-founded his first steel company, near Pittsburgh. Over the next few decades, he created a steel empire, maximizing profits and minimizing inefficiencies through ownership of factories, raw materials and transportation infrastructure involved in steel making. How did Carnegie contribute to society? Andrew Carnegie (1835-1919)
How Did Carnegie And Rockefeller Use Vertical Integration? Rockefeller and his Standard Oil Company—in fact, they were the only names in the industry. Whereas Carnegie employed vertical integration to create his steel empire, Rockefeller used horizontal integration, essentially buying out all the other oil companies so that he had no competition left. Did Carnegie use