By what method did businesses gain control of production at every step of the way, from production of raw materials to sale of finished goods, during the last half of the nineteenth century?
A) vertical integration
B) horizontal combination
C) incorporation
D) trust formation

Question

Quizplus · Accepted Answer

Vertical integration is the method by which businesses gained control of every step of the production process, from raw materials to sale of finished goods, by owning or controlling all aspects of their supply chain.

By What Method Did Businesses Gain Control of Production at Every