Why was carnegie steel able to offer its product more cheaply than its competitors?
carnegie...
History, 25.08.2019 13:00 silverdays566
Why was carnegie steel able to offer its product more cheaply than its competitors?
carnegie introduced the bessemer process, which decreased the cost of production.
carnegie cut corners in his production, lowering his costs.
carnegie could cut his costs because he owned the supply of raw materials and the means of production and distribution.
carnegie made an inferior product, so it was less expensive to produce.
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