Geography, 20.09.2019 15:30 lankfordcrystal81
Occurred when financiers bought up several producers of the same product, giving the new owners a large share of the total production of goods, enabling them to set market prices, while took that process further by uniting the producers of product inputs with the product manufacturer in a single corporate structure.
a. vertical integration; horizontal integration
b. fordism; economies of scale
c. horizontal integration; vertical integration
d. economies of scale; fordism
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