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a_sh-v [17]
3 years ago
14

3.Why did business leaders begin the practice of vertical integration?

History
1 answer:
Ede4ka [16]3 years ago
6 0

Answer:

1. Correct answer is C) Large corporations could control the cycle of a product from creation to sale..

2. The correct answer is C) to escape racism and violence

3. The correct answer is B) Hispanics were allowed to become American citizens, but the Chinese people were not able to become U.S. citizens.

Explanation:

1. Andrew Carnegie was the first person who implemented the practice of Vertical integration through his company, Carnegie Steel. Due to this, he was able to monopolize the industry and control the whole value chain.

Today, this practice would be considered illegal.

2. During the reconstruction era and the implementation of Jim Crow laws, life for African-Americans was getting extremely difficult. To escape persecution and violence, there was a mass immigration towards Northern States and these people were called Exodusters,

3. After the end of the American-Mexican war, over 75,000 Hispanics living in American annexed land were offered citizenship. A majority of of them accepted and stayed in the US. This was in stark contrast to the Chinese immigrants who were not given this right.

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Maggie Lena Walker was born on 15th July, 1864, Virginia to Elizabeth Draper, a former slave, and Eccles Cuthbert, an Irish American confederate soldier. She grew up in the estate of Elizabeth Van Lew whom her mother worked for. There Walker learned about freedom, equality and civil rights.

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After her graduation in 1883, she joined as a teacher at Lancaster School, her former childhood school, and worked there for three years. Then after years of studying accounting at night and withdrawing inspiration from Order of St. Luke, Walker established the St. Luke Penny Savings Bank in 1903.

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