Question

5. Which of the following shows a similarity in the business practices of John D. Rockefeller and Andrew Carnegie? (8 p

Both formed important steel companies.
Both relied on horizontal integration.
O Both tried to control competition to increase profits.
Both created holding companies to buy up other companies.
6. Which word describes the role Henry Flager played in the growth of Florida in the late 1800s? (8 points)
Olegislator
O developer

Answer 1

John D. Rockefeller and Andrew Carnegie controlled competition to increase profits. Henry Flagler was a developer who played a major role in Florida's growth.

Step-by-step explanation:

5. Both John D. Rockefeller and Andrew Carnegie tried to control competition to increase profits. Rockefeller did this through the practice of horizontal integration, where he would acquire or merge with competing companies in the same industry. Carnegie, on the other hand, practiced vertical integration, where he would own and control all aspects of the production process, from mining the raw materials to distributing the finished products.

6. Henry Flagler played the role of a developer in the growth of Florida in the late 1800s. He was a key figure in the development of Florida's east coast, building luxury hotels and railroads that opened up the region to tourism and economic growth. Flagler played a crucial role in the establishment of cities like Palm Beach and Miami.

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