Which of the following regions obtained most of its imported goods from the United Kingdom?
a. the New England colonies
b. the Middle colonies
c. the upper Southern colonies
d. the lower Southern colonies
e. All of the above.
Question 2
According to Alfred Chandler, large vertically integrated firms dominated much of American manufacturing in the early 1900s because
a. U.S. manufacturers sought to emulate the production practices of European manufacturers.
b. U.S. tax laws created strong incentives for vertical integration.
c. continuous-flow technologies were cost minimizing only when the inflow of inputs and the sale of outputs proceeded without interruption.
d. larger firms were better able to fight the establishment of labor unions and collective bargaining arrangements.