What was Carnegie's effect on the steel industry?

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.

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"globalization has greatly impacted the united states and american citizens. first and foremost, globalization has spread american influence throughout the world. globalization has opened up more markets for the united states, which in effect american companies sell their products worldwide. there has been a rise of multinational corporations and their influence has greatly increased."

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