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Until the Spanish established Asuncion in 1537, economic activity in Paraguay was limited to the subsistence agriculture of the Guarani Indians. The Spanish, however, found little of economic interest in their colony, which had no precious metals and no sea coasts. The typical feudal Spanish economic system did not dominate colonial Paraguay
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Answer:
What is devolution? The effort to transfer responsibility for many public programs and services (like welfare, health care, and job training) from the federal government to the states.
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im sorry if its wrong
<span>https://thejournal.com/articles/2016/06/15/brainly-acquires-openstudy.aspx
i found something on it here
i think it was bought out</span>
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.
<em>Find out more at brainly.com/question/1403856.</em>
Horrible, selfish and untrustworthy.
