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  • 02-05-2017
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how did Andrew Carnegie use vertical integration to increase his power?

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Аноним Аноним
  • 02-05-2017
This is a process known as horizontal integration. Carnegie also created a vertical combination, an idea first implemented by Gustavus Swift. He bought railroad companies and iron mines. If he owned the rails and the mines, he could reduce his costs and produce cheaper steel.
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