Question
Question
How did horizontal integration change the way business was done in America?
(1 point)
Responses
Big corporations could control the cycle of a product from creation to sale.
Big corporations could control the cycle of a product from creation to sale.
Large companies grew larger by merging with other companies or acquiring them.
Large companies grew larger by merging with other companies or acquiring them.
Big companies were not allowed to destroy their smaller competition anymore.
Big companies were not allowed to destroy their smaller competition anymore.
Business leaders could move into jobs of similar status where their skills were more of a fit.
How did horizontal integration change the way business was done in America?
(1 point)
Responses
Big corporations could control the cycle of a product from creation to sale.
Big corporations could control the cycle of a product from creation to sale.
Large companies grew larger by merging with other companies or acquiring them.
Large companies grew larger by merging with other companies or acquiring them.
Big companies were not allowed to destroy their smaller competition anymore.
Big companies were not allowed to destroy their smaller competition anymore.
Business leaders could move into jobs of similar status where their skills were more of a fit.
Answers
GPT-4o mini
Horizontal integration changed the way business was done in America primarily through the response:
**Large companies grew larger by merging with other companies or acquiring them.**
This practice allowed businesses to consolidate their market power, reduce competition, and achieve economies of scale, significantly altering the landscape of various industries.
**Large companies grew larger by merging with other companies or acquiring them.**
This practice allowed businesses to consolidate their market power, reduce competition, and achieve economies of scale, significantly altering the landscape of various industries.