Question

Charles Sumner's Republican group wanted Lincoln's reconstruction plan to include

provisions for Confederate families.

a guarantee that former slaves would have equality with whites.

money to rebuild infrastructure.

tariffs on crops.
Which of the following is an economic theory where businesses buy other businesses at each phase of the manufacturing process?

monopolized manufacturing

horizontal integration

economies of manufacturing

vertical integration

Answer 1

@yolo_king335

Answer 2

1. https://en.wikipedia.org/wiki/Charles_Sumner

Answer 3

I'm not sure about the second question.

Answer 4

In microeconomics and management, vertical integration is an arrangement in which the supply chain of a company is owned by that company. Usually each member of the supply chain produces a different product or (market-specific) service, and the products combine to satisfy a common need.

Answer 5

In business, horizontal integration is a strategy where a company creates or acquires production units for outputs which are alike - either complementary or competitive. One example would be when a company acquires competitors in the same industry doing the same stage of production for the creation of a monopoly.

Answer 6

monopoly
1. Exclusive control by one group of the means of producing or selling a commodity or service
2.a. A company, group, or individual having exclusive control over a commercial activity.
b. A commodity or service so controlled.

Answer 7

does that help? @kittymeow101