What is the difference between vertical integration and horizontal integration?
A) Andrew Carnegie deemed vertical integration unethical whereas he endorsed horizontal integration.
B) The focus of horizontal integration is on controlling raw materials whereas the focus of vertical integration is on the finished product.
C) Companies employing horizontal integration generally follow fair labor practices whereas those employing vertical integration typically exploit their workers.
D) Vertical integration involves control of all phases of production whereas horizontal integration involves buying out rival companies producing the same product.
E) Vertical integration involves the abuse of conventional ethnics whereas horizontal integration is illegal.
D
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How does the text evaluate the overall impact of the Great Society?
A) It was a remarkable outpouring of important legislation, but its achievements were far short of what it had promised. B) Because President Johnson persuaded Congress to pass only a few of his projects, it was a considerable success under those circumstances. C) It resulted in major new legislation, which significantly lowered unemployment by job training for the poor. D) It succeeded in its goal of reducing the size and scope of the federal government's domestic programs.
Which of the following was NOT a reason for the declining prosperity of farmers in the 1920s?
a. European farmers resumed production after World War I. b. American farmers incurred additional debt in wartime to expand production. c. Farmers spent lavishly on expensive household goods they couldn't afford. d. Tax increases, purchases of tractors and trucks and fertilizer cut into farmers' meager earnings.
What factor is believed to have dramatically reduced New World native populations after contact with Europeans?
A. starvation B. disease C. religious conversion D. war E. enslavement
What did the aristocracy do to remain relevant in the nineteenth century?
A) Married into prosperous middle-class families. B) Engage in banking and industry. C) Occasionally adopt the habits of normal business people. D) Continued to serve in the military and government. E) All of the above.