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How Did Andrew Carnegie Improved The Transportation System In America?

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An immigrant with a passion for social reform and philanthropic work advanced the transportation system in America and became the richest man in the world. Andrew Carnegie is the man behind the Carnegie Steel Company.
Carnegie had a strong work ethic that started at a young age when he began working at a cotton mill for $1.20. He changed jobs several times before meeting, Thomas Scott, the head of Pennsylvania Railroad and becoming his personal secretary. This job is where Carnegie experienced first hand the high demand for steel and oil in America. He took the money that he earned in his secretary position and $500 from mortgaging his house he invested in oil, sleeping carts and the Adams Express Company. These investments gave Carnegie the finances to start the Carnegie Steel Company in 1875. Carnegie had competition when he started his business because the demand for steel was so high and everyone wanted to have a part in it. Carnegie had experience with steel due to his time spent working on the railroads. He knew that the transportation of goods and travelers wasn’t …show more content…
Adjusting prices and production would be the common answer to competition but Carnegie addressed it with a different strategy called “vertical interjection”. He bought out his railroad and iron mine competitors which enabled him to reduce cost and produce materials for cheap. His prices set him apart from any of the other steel producing companies. While he had a plan for rival businesses, dealing with his employees wasn’t as easy. Labor unions were growing and reaching factories all around America working towards earning fair working conditions for employees. An employee strike at one of Carnegie’s factories led to the company hiring 300 armed guards to put a stop to the protest. This strike ended in the death of three factory workers followed by state troopers being sent to the factory to restore

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