Question

why was carnegie steel considered a vertical monopoly?
the company controlled every step of steel production, from raw materials to distribution.
the company controlled all the steel plants in the country.
the company was able to produce more steel than any other steel company in the world
the company became the only source of steel after competitors went out of business

Explanation:

To determine why Carnegie Steel was a vertical monopoly, we analyze the options:

• A vertical monopoly (vertical integration) involves controlling all stages of production for a good. Carnegie Steel controlled raw materials (like iron ore), production, and distribution of steel.
• The option "controlled all steel plants" refers to horizontal monopoly (controlling similar businesses at the same production stage).
• "Producing more than others" is about output, not vertical control.
• "Only source after competitors failed" is a monopoly from eliminating competition, not vertical integration.

Answer:

A. The company controlled every step of steel production, from raw materials to distribution.