Title: Andrew Carnegie: His Contribution to Society Today | SpecialEssays.com
Headings: Andrew Carnegie: His Contribution to Society Today
Andrew Carnegie: His Contribution to Society Today
The main field of charitable investments for Andrew Carnegie was construction of public libraries
Code: special15
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Carnegie managed to do what few people can. He built a vertically integrated company in the industry. Today, these companies are almost nonexistent (Whaples). Andrew Carnegie introduced a full production cycle in his company from mining of iron ore and coal to the production of rails and railway bridges. Carnegie parted his company by the end of his life. He sold it to several bankers, which gave rise to the world-famous United States Steel Corporation. This allowed Carnegie to do charity work. He spent all his fortune, received after the sale of the company.