vertical+consolidation



Vertical consalidation

Andrew Carnegie was a user of Vertical consalidation. He used his immense wealth to buy all oth the componies that made up the steps in making his steel. He bought the Coke fields, Iron ore deposits, steel mills, ships, and railroads that make up the processes of making his steel. The fact that Carnegie bought all of the steps allowed him to lower his prices and to be able to call up any of the companies to get them to do something for him whenever he wants. In short the fact that Andrew Carnegie used vertical consalidation allowed him to outsell competetors and thus make more money.

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