The formation of Carnegie Steel in the late 1880’s symbolized the rise of big businesses. Thanks in large part to Andrew Carnegie, by 1889, output of steel from the United States exceeded that of the United Kingdom. By that time, Carnegie Steel Company was the biggest of its kind in the world. Carnegie may have been known only as a successful man of business but he was also an avid innovator. In a desire to make steel more cheaply and more efficiently, he adopted the Bessemer Process, which was the first inexpensive industrial process for the mass production of
The formation of Carnegie Steel in the late 1880’s symbolized the rise of big businesses. Thanks in large part to Andrew Carnegie, by 1889, output of steel from the United States exceeded that of the United Kingdom. By that time, Carnegie Steel Company was the biggest of its kind in the world. Carnegie may have been known only as a successful man of business but he was also an avid innovator. In a desire to make steel more cheaply and more efficiently, he adopted the Bessemer Process, which was the first inexpensive industrial process for the mass production of