Andrew Carnegie The Big Business

555 Words3 Pages

The Big Business The big business, one of a kind referees to the industrial, financial and commercial activities of large corporate companies. Some massive corporations / Large scale monopolies that played a role in the nineteenth century while throughout the end of the twentieth. Some of these monopolies still lie today, and we use them every single day. Andrew Carnegie created and forged. What we know today is steel. The solution he used to depict and create steel was the Bessemer process. The best process is the use of a massive hearth furnace. The furnace was the key to take out iron impurities, while oxidizing the iron with hot enough air to burn us humans as fast as light. What the molten hot air does is purify the iron while converting the …show more content…

His solution was very easy to surpass with his company's innovative as we know today as steel. We are working with the steel industry today. We use it almost everywhere we build buildings, railways and bridges. Andrew Carnegie quoted for his success. “Hard work in business is about complete focus, growth and development, and quality control. There is no plan B because it distracts from plan A. The people who are the top in their field get that way from hours and hours of practice, diligence and hard work. Hours and hours of input results in the desired output.” (Andrew Carnegie) There is really no big issue with the use of Andrew Carnegie's creation on steel. Other than that, he made Americans and other people around the world use what he built to create skyscrapers, houses, bridges, etc. the steel industry is the backbone to us Americans and other foreign countries. Another big business friend that was good friends with Andrew Carnegie was J.P. Morgan. J.P Morgan was a brilliant guy, over all he was a financier and an investment banker. He worked in a way that really no other banker could work in such a way. He dominated Wall Street. The relationship J.P. Morgan had with Andrew Carnegie was really a