1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
LiRa [457]
2 years ago
7

Used vertical integration to control all means of steel production from raw materials to sales.

History
1 answer:
Lerok [7]2 years ago
3 0

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.

<em>Find out more at brainly.com/question/1403856.</em>

You might be interested in
Five most valuable artifacts in Europe
SIZIF [17.4K]

Answer:

at can be found around the world:

Greywacke Statue Tribute to Isis.

Harrington Commode.

Goddard-Townsend Antique Secretary Desk.

Pinner Qing Dynasty Vase.

Rosetta Stone.

Diamond Panther Bracelet.

Napoleon's Gold-Encrusted Sword.

Explanation:

7 0
2 years ago
Who's the person known as the father of the Constitution
Kobotan [32]

Answer:

james madison!

Explanation:

8 0
3 years ago
Where is the world’s highest mountain peak?
NISA [10]
Worlds highest mountain peak would be Himalaya. They are known for tallest mountains worldwide. Hope this helps. :)

4 0
3 years ago
Read 2 more answers
This map shows what was happening during the
larisa [96]

Answer:

the map shows the effects of slavery

5 0
2 years ago
In 1095_____ called for a crusade to liberate the city of _____ from Muslim control promising that each crus
IgorLugansk [536]

Pope Urban II

Jerusalem

Hope this helps - would love a brainliest too I´m trying to get to the next level!

8 0
3 years ago
Other questions:
  • What was the US goal at the start of WWII? *
    5·1 answer
  • How did Hinduism originate?
    11·1 answer
  • If i get a good detailed answer. i will make another question for 99 points. and all you gotta do is answer what ever you like s
    6·1 answer
  • Christianity played such a large role in the Byzantine Empire that even the emperor was seen as a priest-king, overseeing both r
    10·1 answer
  • 1. What factors contributed to the outbreak of World War I?
    7·1 answer
  • What is the role of the states in foreign trades
    12·1 answer
  • According to Martin Luther King Jr. Why do we need nonviolent gadflis in society?
    7·1 answer
  • Who emerged as the leader of each side in the Cold War?
    5·1 answer
  • What was one cause of the decline of the byzantine empire?
    9·1 answer
  • How did Indians gain power in some areas after European colonization began?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!