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.
Correct Answer:
Verified
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