A Massive Wave of Mergers and Consolidations in the United

question 17

Multiple Choice

A massive wave of mergers and consolidations in the United States 100 years ago was made possible by

• A)the opening up of the western states.
• B)rapid innovations in transportation, communication, and management techniques.
• C)a massive influx of immigrants from foreign countries.
• D)the growth of the American economy due to international trade.
• E)the growth of toll roads.

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Definitions:

Vendors

Individuals or companies that sell goods or services to another entity, usually as part of the supply chain in a specific commercial transaction.

Service Sector

The segment of the economy that provides services rather than producing goods, including sectors like healthcare, education, and finance.

Entrepreneurship

The activity of setting up a business or businesses, taking on financial risks in the hope of profit.

Marketplace

A platform or area where goods and services are exchanged or sold.