1. Socialism And Capitalism In The Early 20th Century
A capitalist's argument towards this statement would be that the governments" legal monopoly on utility companies prevents people from starting their own company. ... During the Civil War he served in the War Department under Scott, who was in charge of transportation for the military and a government telegraph service. After the war Carnegie left the railroad and formed a company to produce iron railroad bridges. ... In 1901 he sold his company to the United States Steel Corp. for $250 million and retired. ... They would buy out all competition, so those consumers would have to buy from ...
- Word Count: 2083
- Approx Pages: 8
- Grade Level: High School