The appropriate answer is c. profit. Capitalism is an historically specific economic system in which production and distribution are designed to accumulate capital and generate a profit. The system is characterized by the separation of those who own the means of production and those who work for them.
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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Answer:
brothers after a bad agrument
Answer:
not having money and standing in bread lines.
Explanation:
The common problem described in popular music of the 1930s was not having money and standing in bread lines . This was because it was during the period of Great Depression after the war.
It was characterized by poverty and joblessness in the country. This however changed as many reforms and laws were later being put in place to change the situation.
It was first recorded in 1577 and spelt Giapan. When translated into English the name then becomes Japan. Hope this helps<3
