<u>Original Question</u>: What business practices contributed most to Andrew Carnegie’s ability to form a monopoly?
<u>Answer: combining his companies into one company and controlling all aspect of steel production</u>
<em>Explanation:</em>
- <em>Choice 1 is correct because Carnegie employed the strategy of vertical integration where he controlled all aspects from steel production to steel transportation. This allowed him to lower the cost of production and transportation and lower the prices of steel to outbid competitors who would lose and go bankrupt. As a result, Carnegie began to dominate and control the market as his prices were always the cheapest</em>
- <em>Choice 2 is incorrect, because if he focused on only one aspect of steel production, he wouldn't be able to set up a monolopy as he relied on someone else to help him with his business</em>
- <em>Choice 3 is incorrect, because that method was only used when Carniege salvaged his reputation after setting up the monolopy which gained him a bad name.</em>
Hope that helps!
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D. Richard Nixon
was overly focused on winning a second term and willing to do anything to secure victory.
Answer:
An end to feudalism, increased wages and innovation, the idea of separation of church and state, and an attention to hygiene and medicine.
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The 1920s was a decade of profound social changes. The most obvious signs of change were the rise of a consumer-oriented economy and of mass entertainment, which helped to bring about a "revolution in morals and manners." Sexual mores, gender roles, hair styles, and dress all changed profoundly during the 1920s. The 1920s is the decade when America's economy grew 42%. Mass production spread new consumer goods into every household. The U.S. victory in World War I gave the country its first experience of being a global power. Soldiers returning home from Europe brought with them a new perspective, energy, and skills.
