Which of the following statements is true about Andrew Carnegie, John D. Rockefeller, and Henry Ford? They built monopolies and controlled the prices of certain goods. They invested in small businesses to get started. They used effective strategies to contribute to America’s rapid economic growth. They used the assembly line to make their businesses more efficient.
Which of the following statements is true about Andrew Carnegie, John D. Rockefeller, and Henry Ford? They built monopolies and controlled the prices of certain goods. They invested in small businesses to get started. They used effective strategies to contribute to America’s rapid economic growth. They used the assembly line to make their businesses more efficient.
Chapter22: Economies In Transition
Section: Chapter Questions
Problem 20SQ
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Question
Which of the following statements is true about Andrew Carnegie, John D. Rockefeller, and Henry Ford?
-
They built
monopolies and controlled the prices of certain goods. -
They invested in small businesses to get started.
-
They used effective strategies to contribute to America’s rapid
economic growth . -
They used the assembly line to make their businesses more efficient.
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