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jenyasd209 [6]
3 years ago
8

10. What is vertical integration?

History
2 answers:
nataly862011 [7]3 years ago
4 0

Answer: Vertical integration is firm taking control of and producing its inputs and outputs rather than using the market.

Example: A vertically integrated produce company, for example, might hold a farm, a produce distribution business, and a green grocery.

exis [7]3 years ago
3 0

Answer:

Vertical integration is a strategy where a company controls its suppliers and distributors to control its value.

Explanation:

Vertical integration allows companies to control the process, reduce costs, and improve efficiencies. However, this strategy also has disadvantages, including the significant amounts of capital investment that it requires.

A very good example of vertical integration is Netflix because this company started as a DVD rental company supplying film and TV content, but the company's executive management realized they were able to generate more revenue by changing to original content creation.

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<span>The correct answer is the federal system. Power is shared between the two governments and states have the right to make their own laws as long as they're not unconstitutional or against the federal law. Federal law applies to all the states in a federation, like the United States has in the congress.</span>
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Thomas Jefferson feared that a national bank would establish a financial monopoly that may threaten state banks and adopt policies that favoured financiers and merchants, who typically act as creditors, over plantation owners and small-scale farmers, who typically act as debtors.

Who was Thomas Jefferson?

American statesman, lawyer, builder, philosopher, and Founding Father Thomas Jefferson presided over the country as the third president from 1801 to 1809. Prior to that, he served as George Washington's first secretary of state and John Adams' second vice president. The fundamental and universal ideals of self-government that Jefferson outlined in the Declaration of Independence will always be praised for serving as the foundation of the American national ideology.

Hence, Unlike Hamilton Thomas Jefferson feared that a national bank would establish a financial monopoly that may threaten state banks and adopt policies that favored financiers and merchants, who typically act as creditors, over plantation owners and small-scale farmers, who typically act as debtors.

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Cultural diffusion is the spread of culture from one area to another for example the spread of Islam. Today cultural diffusion is a simpler process due to technological advancements such as the internet, but in the past cultural diffusion happened mainly when people traveled to other countries. 
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