🎓 CLEP Exam Prep

During the Gilded Age, the rise of powerful industrialists like Andrew Carnegie and John D. Rockefeller was often characterized by the practice of:

A Utopian socialism, emphasizing communal ownership of production.
B Vertical and horizontal integration, consolidating control over industries.
C Trust-busting legislation aimed at breaking up monopolies.
D Agrarian populism, advocating for farmers' rights against corporate power.

✓ Correct Answer: Option B

Industrialists like Carnegie (steel) and Rockefeller (oil) employed vertical integration (controlling all stages of production) and horizontal integration (buying out competitors) to create vast monopolies during the Gilded Age.

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