What is vertical integration? How did Andrew Carnegie apply it to his steel company?
What will be an ideal response?
The ideal answer should include:
1. Firms that pursue a strategy of vertical integration try to gain control of all aspects of production and distribution.
2. Andrew Carnegie owned much more than steel mills.
3. He employed workers in the Great Lakes region to mine the raw materials used in making steel.
4. He owned the ships and railroads that brought the ore to his steel mills and then transported the manufactured steel to customers.
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Spain ceded Florida to the United States because
a. it needed funds to suppress the rebellions in Latin America. b. Jackson had effectively seized it, and Secretary Adams backed him. c. of the subtle diplomacy of John Quincy Adams. d. President Monroe and his cabinet were determined to obtain it. e. of the pressure from slaveholders seeking a new slave state.
At the center of the Aztec religion was the god of what, who needed to be appeased with blood from human sacrifices?
a. rain b. the god c. the moon d. poetry e. maize
What brought about the end of the U.S.-Mexican War?
a. American military superiority convinced Mexicans that they could not win. b. The surrender of Californios in January 1847 convinced Mexico to follow suit. c. Mexico had run out of money to pay for the war, and Americans were occupying the capital and other principal cities. d. After gold was discovered in northern California, many Mexican soldiers deserted the army to go to the goldfields.
Which of the following did the Combination Acts prohibit?
A) child labor B) collective bargaining C) internal tariffs D) railroad monopolies