"One great advantage which America will have in competing in the markets of the world is that her manufacturers will have the best home market. Upon this they can depend for a return upon capital, and the surplus product can be exported with advantage, even when the prices received for it do no more than cover actual cost, provided the exports be charged with their proportion of all expenses. The nation that has the best home market, especially if products are standardized, as ours are, can soon outsell the foreign producer."
Document-Based Questions: Please answer each question using complete sentences, based on the reading selection and your knowledge of social studies.
1. Is Andrew Carnegie expressing a positive or negative view of the future of American industry?
2. What does Andrew Carnegie believe is the greatest advantage of American industry?
Click here to print. Answers will vary.
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