QuestionAugust 18, 2025

What was the main reason that Carnegic invested in the Frick Coke Company? He wanted to make sure he could always get fuel for his steel plant. He thought he could help the company become profitable. He wanted to invest in new technology. He was interested in the coal business.

What was the main reason that Carnegic invested in the Frick Coke Company? He wanted to make sure he could always get fuel for his steel plant. He thought he could help the company become profitable. He wanted to invest in new technology. He was interested in the coal business.
What was the main reason that Carnegic invested in the Frick Coke Company?
He wanted to make sure he could always get fuel for his steel plant.
He thought he could help the company become profitable.
He wanted to invest in new technology.
He was interested in the coal business.

Solution
4.2(282 votes)

Answer

He wanted to make sure he could always get fuel for his steel plant. Explanation 1. Identify Carnegie's primary business interest Carnegie's main business was steel production, which required a reliable and cost-effective supply of fuel. 2. Determine the strategic importance of Frick Coke Company The Frick Coke Company provided coke, a crucial fuel for steel manufacturing, ensuring a steady supply for Carnegie's steel operations.

Explanation

1. Identify Carnegie's primary business interest<br /> Carnegie's main business was steel production, which required a reliable and cost-effective supply of fuel.<br /><br />2. Determine the strategic importance of Frick Coke Company<br /> The Frick Coke Company provided coke, a crucial fuel for steel manufacturing, ensuring a steady supply for Carnegie's steel operations.
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