Question

carnegie steel company
means of production
transportation
steel mills
iron mines
coke fields
why was carnegie steel considered a monopoly?
it controlled every step of steel production.
it controlled all of the steel plants in the country
it produced more steel than any other steel company in the world.

Explanation:

To determine why Carnegie Steel was a monopoly, we analyze each option:

• The first option: The left - hand side of the image shows that Carnegie Steel controlled transportation, steel mills, iron mines, and coke fields. These are all the steps involved in steel production (from raw materials like iron and coke, to the steel mills that process them, and transportation to move the materials and finished products). A monopoly that controls every step of production is a vertical monopoly.
• The second option: There's no evidence that it controlled all steel plants in the country. Just because it controlled its own production chain doesn't mean it controlled all other plants.
• The third option: Producing more steel than others doesn't make it a monopoly. A monopoly is about control over the market or production process, not just output volume.

So the correct reason is that it controlled every step of steel production.

Answer:

It controlled every step of steel production.