Andrew Carnegie's System of Vertical Integration

question 67

Multiple Choice

Andrew Carnegie's system of vertical integration

• A) combined all facets of an industry, from raw material to final product, within a single company.
• B) created an industrial association through which member companies could wield much power.
• C) embraced the notion of buying up competitors and forming a monopoly interest.
• D) required smaller competitors to agree to standardized rates set by larger firms.
• E) None of these choices are correct.

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Definitions:

Myopia

A common visual condition also known as nearsightedness, where distant objects appear blurry while close objects can be seen clearly.

Self-Worth

An individual's subjective evaluation of their own value or worth as a person.

Labyrinthine Motor Skills

Complex movements and coordination guided by the inner ear's structures, related to balance and spatial orientation.

Systemic Motor Skills

Broad physical abilities involving large muscle movements such as walking, running, and jumping, which require coordination of the body’s muscular and nervous systems.