Question

Which of the following shows a similarity in the business practices of John D. Rockefeller and Andrew Carnegie? (8 points) Group of answer choices Both created holding companies to buy up other companies. Both formed important steel companies. Both relied on horizontal integration. Both tried to control competition to increase profits.

Answer 1

Answer:

The correct answer is both companies tried to control or taking over their competition to increase profits.

Explanation:

This shows the similar business practice of John D. Rockefeller and Andrew Carnegie. Both of these started their professional career from low level jobs. In the 1870, Rockefeller established the Standard Oil Company.

Until the year 1897, he worked with this oil company and continued as its biggest shareholder while on the other side by 1860s Carnegie had investments in railroad sleeping cars, bridges, railroads and oil derricks.

Answer 2

yuh

becasue I am very inteligent being and my peen size is above average