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Vertical Integration
A business strategy where a company controls multiple stages of production or distribution within the same industry to increase efficiency and reduce costs.
Carnegie Steel
A steel production company established by Andrew Carnegie in the late 19th century, which played a significant role in the growth of the American steel industry.
Standard Oil
An American oil producing, transporting, refining, and marketing company established by John D. Rockefeller, which was a major part of the early petroleum industry and later broken up due to antitrust laws.
Singer Sewing Machines
A brand of sewing machines that became synonymous with the domestic and industrial sewing machine industry starting in the 19th century.
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