What were some of the companies that dominated the industrial economy - ProProfs Discuss
Cancel
TopicsDown
Products Down
Follow Us:
FacebookTwitter
Advertisement

What were some of the companies that dominated the industrial economy of the late 1800s?



This question is part of World History - Chapter 25 Test The Industrial Revolution
Asked by Wyatt Williams, Last updated: Sep 22, 2020

+ Answer
Request
Question menu
Vote up Vote down

2 Answers

E.Ruth

E.Ruth

E.Ruth
E.Ruth

Answered Feb 19, 2018

Some of the biggest companies that dominated the industrial economy in the 1800’s include Standard Oil Company (John D. Rockefeller), Carnegie Steel (Andrew Carnegie), New York Central Railroad Company (Cornelius Vanderbilt), and the banking house of J.P. Morgan. These corporations dominated every aspect of their respective industries. Standard Oil Company has the world’s largest oil refinery during that time and they control 90% of the country’s oil refining capacity.

Carnegie Steel was the biggest steel manufacturer. New York Central Railroad Company operated the major American railroads that connected the country, and J.P. Morgan Banking House was one of the most powerful banks in the world.

upvote downvote
Reply 

John Smith

John Smith

John Smith
John Smith

Answered Feb 27, 2017

By buying smaller companies or driving them out of business
upvote downvote
Reply 

Advertisement
Advertisement
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
Image Preview
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader
Image Preview
Search for Google images Google Image Icon
Select a recommended image
Upload from your computer Loader

Email Sent
We have sent an email to your address "" with instructions to reset your password.