read the sentence. andrew carnegie controlled many of the steps required to turn his raw material into a…

read the sentence. andrew carnegie controlled many of the steps required to turn his raw material into a finished product. this practice is known as _blank_. which term best completes the sentence? monopoly horizontal integration trust building vertical integration

read the sentence. andrew carnegie controlled many of the steps required to turn his raw material into a finished product. this practice is known as _blank_. which term best completes the sentence? monopoly horizontal integration trust building vertical integration

Answer

Brief Explanations:

Vertical integration is when a company controls multiple steps of the production - from raw materials to the finished product. Andrew Carnegie's practice of controlling many steps in turning raw materials into a finished product fits this definition. Monopoly refers to a single - firm control of an entire market. Horizontal integration is about combining firms in the same stage of production. Trust building is not related to this production - process control concept.

Answer:

D. vertical integration