asked 165k views
5 votes
What business practice contributed most to Andrew Carnegie’s ability to form a monopoly?

a. using profits to support charities in order to greatly improving his reputation
b. increasing his profits every year
c. focusing on a single aspect of steel production
d. combining his companies into one company, and controlling all aspects of steel production

1 Answer

7 votes

Answer:

Step-by-step explanation:

The practice of vertical integration contributed most to Andrew Carnegie's ability to form a monopoly. Vertical integration is a process of combining different stages of production such as manufacturing, supplying, distributing, retailing, etc, under the umbrella of one company.

answered
User John Owen
by
8.1k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.