5 traits specialized workers, complex institutions, record keeping, advanced technology, and advanced cities
American industrial production outpaced every other country in the world and this is the event of 1943 that helped make an Allied victory possible. The correct option among all the options that are given in the question is the second option or option "B". I hope the answer comes to your help.
Keep Russia in World War 1!
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Andrew Carnegie was the one who used vertical integration to control steel production.
Vertical integration involves:
- Owning all the companies in the supply chain of a good including the <u>producers to the retailers </u>
- Being able to reduce production costs as a single company owns the various stages of production
Andre Carnegie founded Carnegie Steel which he used to acquire the suppliers of steel all the way to the sellers.
This allowed him to control the steel industry as he could overcharge competitors for steel whilst maintaining lower prices for his company.
In conclusion, Andrew Carnegie was able to us vertical integration to control the steel industry in a monopolistic like manner.
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