Explanation:The Bessemer process was a cheap however efficient means of converting iron ore into steel. The low price and an extremely efficient manner for steel production permitted Carnegie to produce steel quickly and also at exceptionally low costs. He used monopolistic practices common in the period to establish manage over the steel industry.">" data-test="answer-box-list">
You are watching: How did the bessemer process contribute to the development of carnegie’s monopoly?
Carnegie developed high top quality steel but sold it in ~ a lower price than any kind of of his competitors. The Bessemer process was an cheap industrial process which was used to produce in massive numbers. There room a few ways in which the Bessemer process helped add to Carnegie"s syndicate in the steel industry. Some of them being: A. It aided him increase demand because of the higher quality steel produced. B. It aided him lower costs by do the transportation of steel much faster and much more efficient.C. It allowed Carnegie to cut his price of labor, raising his profits. D. It enabled Carnegie to replace coal as fuel, cutting his costs.
thedesigningfairy.com Userthedesigningfairy.com User
The Bessemer procedure was a cheap however efficient means of converting iron ore into steel. The low expense and an extremely efficient way for steel production allowed Carnegie to develop steel quickly and at very low costs. He supplied monopolistic practices typical in the period to establish manage over the iron industry.
New questions in History
See more: How To Save Ps1 Games On Ps3 Without A Memory Card? Saving Ps1 Games On Ps3
13वीं शताब्दी के आरंभ में यूरोप में भिक्षुओं के एक नए समूह का उत्थान हुआ जिसे ---------- कहा जाता था