Question
Why was Carnegie Steel an example of vertical integration?
the company controlled every step of steel production and distribution
the company controlled all of the steel plants in the United States
the company was able to produce more steel than other companies
the company became the only source of steel after competitors failed
the company controlled every step of steel production and distribution
the company controlled all of the steel plants in the United States
the company was able to produce more steel than other companies
the company became the only source of steel after competitors failed
Answers
GPT-4o mini
Carnegie Steel is an example of vertical integration because **the company controlled every step of steel production and distribution**. Vertical integration involves a company owning or controlling multiple stages of the production process, from raw materials to manufacturing and distribution, which allowed Carnegie Steel to minimize costs, improve efficiency, and maintain quality control over the entire production chain.