Big Business questions with actual
answers.
Who is credited for using his wealth to build up the steel industry? ANS - Andrew Carnegie.
How did horizontal integration change the way business was done in America? ANS - Large companies
grew larger by merging with other companies or acquiring them.
Which of the following was the main policy of government toward big business in the late 1800s? ANS -
Laissez-faire.
What was one effect the growing railroad industry had on the country? ANS - Markets went from global
to national as goods could be sold across the country.
answers.
Who is credited for using his wealth to build up the steel industry? ANS - Andrew Carnegie.
How did horizontal integration change the way business was done in America? ANS - Large companies
grew larger by merging with other companies or acquiring them.
Which of the following was the main policy of government toward big business in the late 1800s? ANS -
Laissez-faire.
What was one effect the growing railroad industry had on the country? ANS - Markets went from global
to national as goods could be sold across the country.
