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How did horizontal integration change the way business was done in America? (1 point) Responses Big corporations could control...Asked by JK
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.
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GPT-4o mini
Horizontal integration significantly changed the way business was done in America primarily through the consolidation of companies within the same industry. The most accurate response to reflect this impact is:
**Large companies grew larger by merging with other companies or acquiring them.**
This approach allowed big corporations to gain market share, reduce competition, and create economies of scale, which ultimately influenced pricing and consumer choices in the marketplace.
**Large companies grew larger by merging with other companies or acquiring them.**
This approach allowed big corporations to gain market share, reduce competition, and create economies of scale, which ultimately influenced pricing and consumer choices in the marketplace.
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