Carnegie decided that he was going to be a capitalist who concentrates on one industry - the steel industry. He constructed his first steel mill in the around 1875. The profit he made from this steel mill allowed him to buy up other nearby steel mills. As Carnegie's empire grew, he bought up more of the competing steel mills. His purchase of Allegheny Steel contributed to the formation of his monopoly because it was one of his last major competitors. The definition of a monopoly is a company or enterprise that is the only seller of a certain product. By the time Carnegie had finished buying up his competitors, his company was the only company left in the steel industry.
Answer:
Opportunity cost
Explanation:
According to my research on business terminology, I can say that based on the information provided within the question the term being defined is known as Opportunity cost. This term is defined as the loss of other alternatives when one alternative is chosen.
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Explanation:
America's involvement in World War II had a significant impact on the economy and workforce of the United States. ... Our involvement in the war soon changed that rate. American factories were retooled to produce goods to support the war effort and almost overnight the unemployment rate dropped to around 10%.
Answer:
B- Withdrawal Syndrome
Explanation:
A withdrawal syndrome is the process in which symptoms occur because of discontinuation of a medicationion or recreational drugs.
The risk involved when a person discontinue a drug will depend on the
length of use and it can occur in individuals who have developed physiological dependence on the drugs or alcohol and who desire to discontinue the usage. Example when an heavy drinker of Alcohol suddenly stop drinking it, he may experience both physical and mental symptoms and those symptoms can range from mild to a severe or serious one which is what Paco was experiencing because he depend on heroin to be able to function normally and when he decided to stop he experienced severe sweating and diarrhea.