1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kvv77 [185]
2 years ago
5

What business practices contributed most to Andrew Carnegie’s ability to form a monopoly?

History
1 answer:
FrozenT [24]2 years ago
7 0

<u>Original Question</u>: What business practices contributed most to Andrew Carnegie’s ability to form a monopoly?

<u>Answer: combining his companies into one company and controlling all aspect of steel production</u>

<em>Explanation:</em>

  • <em>Choice 1 is correct because Carnegie employed the strategy of vertical integration where he controlled all aspects from steel production to steel transportation. This allowed him to lower the cost of production and transportation and lower the prices of steel to outbid competitors who would lose and go bankrupt. As a result, Carnegie began to dominate and control the market as his prices were always the cheapest</em>
  • <em>Choice 2 is incorrect, because if he focused on only one aspect of steel production, he wouldn't be able to set up a monolopy as he relied on someone else to help him with his business</em>
  • <em>Choice 3 is incorrect, because that method was only used when Carniege salvaged his reputation after setting up the monolopy which gained him a bad name.</em>

Hope that helps!

#LearnwithBrainly

You might be interested in
Create a caption for the following image.
BartSMP [9]

Answer:

“From the top, down “ or “ Look to your betters”

Their divinity is at the top followed by the ruling class then those related and lastly by the people or you could say “on the backs of the common, the empire is built” looking at it from the bottom upwards

Explanation:

6 0
2 years ago
Read 2 more answers
Hitler felt that the treaty following WWI was
Ne4ueva [31]

Answer: UNFAIR

Alright, so you know that the Treaty of Versailles was a 1919 peace-treaty between several countries created after World War I. Most of its terms were specifically thrown at Germany, with the Allies punishing Germany in a way that they would never start a war again.

As a result of the Treaty, the German people were absolutely furious. They resented the Allies more than anything else, and felt that they were being punished unfairly. Germany was a major wreck after the Great War, and these terms made the country's conditions even worse. In fact, it was the Treaty of Versailles that made people like Hitler rise up to glory. He used the Germans' anger and resent of the Allies to gain more power, and eventually the German people would give in, leading to World War II.

4 0
3 years ago
The largest threat created by hurricanes usually comes from __________
Misha Larkins [42]
Debris seems like it fits well <span />
8 0
2 years ago
Read 2 more answers
Which describes northern soil?
a_sh-v [17]
I am assuming you are talking about the US. So in the North they have Rocky Poor Soil.
3 0
3 years ago
Read 2 more answers
The Electoral College is democratic? Why or why not?
Charra [1.4K]
When citizens cast their ballots for president in the popular vote, they elect a slate of electors. Electors then cast the votes that decide who becomes president of the United States. Usually, electoral votes align with the popular vote in an election.
8 0
2 years ago
Other questions:
  • How has the diversity of the middle east affected its recent history?
    14·1 answer
  • What are the conflicts between the U.S.S.R. and the U.S.?
    13·1 answer
  • Which caused the price of grain from the plains to fall?
    7·2 answers
  • Black fur is dominant to white fur in guinea pigs. If two black guinea pigs (Bb) are crossed what color and in what percentage w
    10·1 answer
  • The Hellenistic scientist Archimedes
    15·1 answer
  • What was the aftermath of the 19th amendment
    14·1 answer
  • When did the korean war take place
    15·2 answers
  • A short biography of the Wright brother
    5·1 answer
  • What are Fredrick Douglass position on slavery
    7·2 answers
  • What does Malala decide after the encounter with her aunt?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!