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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The correct answer is <span>contain Communism
Having a common market with free trade would allow capitalism and the free market to prosper which would counter any communist tendencies that the countries might have had after the war. It actually worked as it prevented communism from spreading throughout the western Europe even when it was ravaged.</span>
Answer:
European explorers used non-European inventions such as the astrolabe, the compass, and gunpowder.
Explanation:
The other three answers are simply false. There was no interest from Asian cultures to invite trade or religious exchange. Africans and Native American were seldom used as crew on the ships.
It was the technological influence what made a difference. This is an interesting topic because it was Europeans who took advantage of those inventions.
There are theories that try to explain why didn't the Asian, and particularly the Chinese, used those inventions to explore the Pacific.
One such theory says that Europeans had a bigger need for expansion outwards, while the Chinese could focus on an internal expansion.