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What was the main reason that Carnegie invested in the Frick Coke Company

Sagot :

Andrew Carnegie invested in Frick Coke Company because he wanted to invest in a company that could supply coke to his steel companies.



Overall Andrew Carnegie saw the immense potential in the expanding railroads and he wanted to invest in a wide variety of companies that were connected with supplying the growth of the American railway system.



Intially he only bought 11% of the ocmpany in 1880. Within the next 7 years he had bought over 74% of the company.

Answer:

he wanted to make sure he could always get fuel from his steel plant

Explanation: