Asked by sdf
How did the Bessemer process contribute to the development of Carnegie’s monopoly?
It allowed Carnegie to produce higher quality steel more quickly, which increased demand.
It made transportation of steel faster and more efficient, lowering Carnegie’s costs.
It allowed Carnegie to cut his cost of labor, increasing his profits.
It allowed Carnegie to replace coal as a fuel supply, cutting his costs.
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It allowed Carnegie to produce higher-quality steel more quickly, which increased demand.
Explanation: The Bessemer process made steel production much faster and cheaper, enabling mass production of better steel. That lower unit cost and greater output let Carnegie undercut competitors, scale up, and build a near-monopoly. Options about transportation or replacing coal are incorrect; the process also reduced per‑unit labor costs indirectly but its primary impact was faster, cheaper steelmaking.
Explanation: The Bessemer process made steel production much faster and cheaper, enabling mass production of better steel. That lower unit cost and greater output let Carnegie undercut competitors, scale up, and build a near-monopoly. Options about transportation or replacing coal are incorrect; the process also reduced per‑unit labor costs indirectly but its primary impact was faster, cheaper steelmaking.
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