Question

Two ways corporations were organized or combined during the industrial revolution was

Answer 1

During the industrial revolution, men used two different methods of managing their businesses Vertically and Horizontally. The companies differed in their labor relations, market control, and structural organization. In the steel industry, Carnegie developed a system known as vertical integration. Oil business from top to bottom, this distinctive innovation in movement of American industry was horizontal oppose to the steel industry, which worked vertically. The difference is that horizontally they followed one product through all its stages. However, both methods were very successful, they both had the most successful companies in their industries.

Answer 2

During the industrial revolution, the corporations were :
- Using machines to do the jobs that previously done by the work of hand tools but still using human resources for the job that require analyzation and decision making
- Adopting the Factory system

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