Question

Why was Carnegie Steel considered a vertical monopoly?
A.The company controlled every step of steel production, from raw materials to distribution.
B.The company became the only source of steel after competitors went out of business.
C.The company was able to produce more steel than any other steel company in the world.

Answer 1

I'm pretty sure it's A.

"Carnegie became a tycoon because of shrewd business tactics. Rockefeller often bought other oil companies to eliminate competition. This is a process known as horizontal integration. Carnegie also created a vertical combination, an idea first implemented by Gustavus Swift. He bought railroad companies and iron mines. If he owned the rails and the mines, he could reduce his costs and produce cheaper steel."

http://www.ushistory.org/us/36c.asp

Answer 2

It is :) thank u

Answer 3

no problem!