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storchak [24]
3 years ago
15

What were two techniques entrepreneurs used to create monopolies

History
2 answers:
NNADVOKAT [17]3 years ago
5 0
I believe it is horizontal and vertical integration.
Alik [6]3 years ago
3 0

Answer:

Horizontal and vertical integration.

Explanation:

The monopolies in America were created using both horizontal and vertical integration. Horizontal integration means that those powerful companies would buy other companies that were “weaker”, this would reduce competition. Vertical integration is when a company buys another company that operates one section of the supply chain. So the company controls the unit economics of the product and control the profit margin.

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The correct answer is, <em>considering a French-owned cheese factory located in Paris, France, the goods made by the Cheese Factory are not part of the U.S. Gross Domestic Product(GDP) and these goods are not included in the U.S. National Growth Product(NGP). </em>

The U.S. Gross Domestic Product(GDP) considers the services and products that are produced in the United States territory. The GDP represents the value of the market in any period of time. It is the monetary value of what is produced in the country.

The U.S. National Growth Product(NGP) is the value of the market considering all the products and services of U.S. companies everywhere, not only in the United States. In these cases, neither one of them is owned by an American citizen. The factory is in France and it is French-owned.


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