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JulsSmile [24]
3 years ago
9

Why was Carnegie Steel considered a vertical monopoly?

History
1 answer:
Rashid [163]3 years ago
5 0
Because they owned every step of the process to make steel like for example they owned the mines to mine the iron. Then they would own a 2nd mine to mine the coal for the steel. Then they would own the factories to make the steal. That is a vertical monopoly so for shorting your answer you can say they owned the mines and the factories to make the steel.
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World war I might be triggered by the Murder of Archduke Ferdinand of Austria. But the fact that so many countries participated in it indicates that it actually the result of years of political problems, competition to obtain power/influence, and  nationalistic pride.

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