Final answer:
The objective of horizontal integration is to increase market share, not to manage geographic distribution of a service, hence that statement is false. The Louisiana Purchase doubled the territory of the United States is true, and the market revolution brought significant social and economic changes to the U.S., which is also true.
Step-by-step explanation:
The objective of horizontal integration is not to control the geographic distribution of a service, which makes the answer b) False. Horizontal integration is a strategy used by a company to acquire or merge with other companies at the same level in the supply chain, often competitors offering the same goods or services. This business move is made to increase market share, reduce competition, and benefit from economies of scale. For example, if a fast-food restaurant chain buys out another chain, it is engaging in horizontal integration.
Addressing Exercise 11.1.5, the Louisiana Purchase did indeed double the territory of the United States, which makes the statement a) True. This historic 1803 land deal between the United States and France significantly expanded the size of the country.
As for Exercise 11.3.1, it is also a) True that the market revolution brought many social and economic changes to the United States, including a shift from a subsistence economy to a more commercial one, improvements in transportation and communication infrastructures, and changes in the labor system.