Which of the Following Statements Concerning the United States Steel

question 20

Multiple Choice

Which of the following statements concerning the United States Steel Company is true?

• A) It was Andrew Carnegie's steel company in the 1870s and 1880s.
• B) It was the steel company operated by the United States government when it nationalized the steel trust.
• C) It was the first business capitalized at more than $1 billion.
• D) It was created by J.P. Morgan to compete with Federal Steel.
• E) It was the first company to issue stock to meet its huge capital needs.

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Definitions:

Old World Diseases

Diseases originating in the Eastern Hemisphere, especially Europe, Asia, and Africa, often brought to the Americas and affecting populations with no prior exposure.

African Slavery

The forced bondage and labor of African people, prominently before the 19th century, in various parts of the world, especially significant in the history of the Americas.

Virginia

A state in the United States with significant historical importance, being the first permanent English colony in America.

Slave Ships

Vessels used to transport enslaved Africans across the Atlantic Ocean to the Americas in the transatlantic slave trade.