Register
Why did large corporations arise in the late 19th century, and how did leading industrialist consolidate their power?
68.3k views
5 votes
Why did large corporations arise in the late 19th century, and how did leading industrialist consolidate their power?

User Karavanjo
by
3.4k points

1 Answer

2 votes

Answer: They arise because of the concept of vertical integration created by Gustavus Swift. They consolidated their power by slashing princes in certain markets to below production costs which drove independent distributors to the wall.

User Rorykoehler
by
3.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.6m questions

4.5m answers

Other Questions

A two-year-old child has a pet dog named Sophie. The child visits her neighbor and sees the neighbor's pet dog. Even though the neighbor's dog is larger and of a different color, the child points to it
Unilateral Contract:_________. A) Contract agreed to orally or in writing. B) Contract in which both parties make promises to perform; a promise is given in return for another's promise. C) A contract
A marker used to identify a person in a photo is called: A. a download B. a tag. C. TMI. D. "friending."
Why does laughter seem to qualify as a biological functions?
As Grant approaches adolescence, his parents gradually give him more control. They exercise general oversight while letting Grant take charge of moment-by-moment decision making. Grant's parents are using
Link Copied!