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Vertical integration occurs when a company owns several parts of the chain that ends in a finished product. For example, if the company produces the raw ingredients and also owns the means of turning those ingredients into finished products, this gives them an advantage compared to a company that has to find someone to use their raw product.
the feudal system for serfs was a bad thing because they always had to do work for the kings,lord and/or knights.
It sucked
An artisan in Feudal Japan would have been constantly on the move. Small settlements meant a need to travel in search of reliable work.
Feudal state probs ok
They owned all of the same industries
Andrew Carnegie spent money on many things. Some of those things like public libraries and other public works are considered positive.
because they had monopoly it helped them crush others companies that were lower than them
Carnegie Controlled Almost the entire steel industry . by the time he sold his business in 1901 , Carnegie's companies produced by far the largest portion of steel.
Steel from people like Andrew Carnegie and Oil from People like Chad mcwide
He gave back tons and tons of different libraries. he also gave back tons of different kinds of buildings! (like Carnegie Hall)!!
Robber Barons
Positive quote: “The man who acquires the ability to take full possession of his own mind may take possession of anything else to which he is justly entitled.” - Andrew Carnegie Negative quote: “The man who dies rich, dies disgraced.” - Andrew Carnegie
When someone owns a whole industry, like the steel company Andrew carnegie was the only one to be disributing steel.
They wanted more money, like that episode of south park when Canada goes on strike.
It Helped By Improving Your Mother's Fat Behind Loose Weight Lol.
Carnegie refers to Andrew Carnegie, a prominent industrialist and philanthropist in the late 19th and early 20th centuries. He rose from poverty to become one of the richest men in the world, primarily through his ventures in the steel industry. Carnegie is also known for his philanthropic efforts, such as funding the construction of libraries and educational institutions.