What was the first billion-dollar corporation in America?

Trivia: What was the first billion-dollar corporation in America?

U.S. Steel
IBM
General Electric
Goodyear

Correct Answer: U.S. Steel

So why is this answer correct? : The United States Steel Corporation was created through a 1901 alliance between some of the biggest names in U.S. business history, including Andrew Carnegie, Charles M. Schwab, and J.P. Morgan. Its initial valuation was $1.4 billion, making it the largest company in American history at the time. Throughout the 1950s and early ’60s, U.S. Steel was a prominent battleground for organized labor in the U.S.

Leave a Reply

Your email address will not be published. Required fields are marked *