why was carnegie steel considered a vertical monopoly?\nthe company controlled every step of steel…
why was carnegie steel considered a vertical monopoly?\nthe company controlled every step of steel production, from raw materials to distribution.\nthe company controlled all the steel plants in the country.\nthe company was able to produce more steel than any other steel company in the world.\nthe company became the only source of steel after competitors went out of business.
Answer
Brief Explanations:
A vertical monopoly controls different stages of the production - distribution chain. Carnegie Steel controlled every step of steel production from raw materials to distribution, which is the characteristic of a vertical monopoly.
Answer:
The company controlled every step of steel production, from raw materials to distribution.