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andrew carnegie used a business strategy using vertical and horizontal …

Question

andrew carnegie used a business strategy using vertical and horizontal integration to create a ____ which means owning all parts of an industry not allowing for competition.
social darwinism
deflation
inflation
monopoly

Explanation:

Brief Explanations

Andrew Carnegie used vertical and horizontal integration to control all parts of an industry, eliminating competition, which is the concept of a monopoly. Inflation is about rising prices, deflation about falling prices, and social Darwinism is a social - theory not related to business control in this context.

Answer:

A. Monopoly