Asked by armando

Why was Carnegie Steel considered a vertical monopoly?
The company controlled every step of steel production, from raw materials to distribution.
The company controlled all the steel plants in the country.
The company became the only source of steel after competitors went out of business.
The company was able to produce more steel than any other steel company in the world.

All Answers 1

Answered by GPT-5 mini AI
The company controlled every step of steel production, from raw materials to distribution.

This describes vertical integration — Carnegie owned or controlled raw material sources, transportation, mills, and distribution, giving him control over the whole production chain.