Concept
Andrew Carnegie
Related concepts (23)
Homestead strike
The Homestead strike, also known as the Homestead steel strike, Homestead massacre, or Battle of Homestead, was an industrial lockout and strike that began on July 1, 1892, culminating in a battle in which strikers defeated private security agents on July 6, 1892. The governor responded by sending in the National Guard to protect strikebreakers. The dispute occurred at the Homestead Steel Works in the Pittsburgh-area town of Homestead, Pennsylvania, between the Amalgamated Association of Iron and Steel Workers (the AA) and the Carnegie Steel Company.
Economy of Scotland
The economy of Scotland is an open mixed economy which, in 2020, had an estimated nominal gross domestic product (GDP) of $205 billion including oil and gas extraction in Scottish waters. Since the Acts of Union 1707, Scotland's economy has been closely aligned with the economy of the rest of the United Kingdom (UK), and England has historically been its main trading partner. Scotland still conducts the majority of its trade within the UK: in 2017, Scotland's exports totalled £81.4 billion, of which £48.
History of the steel industry (1850–1970)
Before 1800 A.D., the iron and steel industry was located where raw material, power supply and running water were easily available. After 1950, the iron and steel industry began to be located on large areas of flat land near sea ports. The history of the modern steel industry began in the late 1850s. Since then, steel has become a staple of the world's industrial economy. This article is intended only to address the business, economic and social dimensions of the industry, since the bulk production of steel began as a result of Henry Bessemer's development of the Bessemer converter, in 1857.