Test: SS quest 11-4 - 14 Questions

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5 Written Questions

5 Multiple Choice Questions

  1. a company or group having control of all or nearly all the buisnesses in that industry
  2. method developed in the 1850's to produce stronger steel at a lower price.
  3. share of ownership in a corporation
  4. combine
  5. business that is owned by investors

4 True/False Question

  1. free enterprise → discount

          

  2. rebates → system of connected rail lines

          

  3. vertical integration → practice in which a single manufacturer controls all of the steps used to change raw materials into finished products

          

  4. horizontal integration → practice in which a single manufacturer controls all of the steps used to change raw materials into finished products

          

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