Question

Andrew Carnegie engaged in the practice of vertical integration by
(A) monopolizing a single product by eliminating all competition
(B) controlling all aspects of the production process from beginning to
end
(C) artifi cially infl ating the value of his companies’ stock to attract
investors
(D) fi xing railroad rates and rebates to decrease costs
(E) using private detective agencies to break strikes

Answer 1

Andrew Carnegie engaged in the practice of vertical integration by "(B) controlling all aspects of the production process from beginning to
end," since this allowed him to profit more by eliminating many of the competitive "middle men" of the process.