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.

Answer 1

The reason why Carnegie Steel was an example of Vertical Integration was that the company controlled every step of steel production and distribution.

What is vertical integration?

Vertical integration refers to when a company takes over processes along the chain of production and distribution.

Carnegie Steel controlled every step in the steel production chain which meant that it engaged in vertical integration.

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