Author Question: Andrew Carnegie's system of vertical integration a. combined all facets of an industry, from raw ... (Read 79 times)

Mr.Thesaxman · **on:** Jul 4, 2018

Andrew Carnegie's system of vertical integration

a. combined all facets of an industry, from raw material to final product, within a single company.
b. created an industrial association through which member companies could wield much power.
c. embraced the notion of buying up competitors and forming a monopoly interest.
d. required smaller competitors to agree to standardized rates set by larger firms.
e. None of these

Question 2

The Founders had not envisioned the existence of permanent political parties because they

a. opposed anyone who disagreed with them.
b. were not part of the early colonial governments.
c. had existed in Britain.
d. saw them as a sign of disloyalty and lack of national unity.
e. had caused the fall of republican Rome.