Monopolies+2-4

Vertical Integration Vertical integration is when one entity or company controls where it gets it's supplies and materials but also where to distribute them. There are two types of vertical integration, backwards and forwards. Backwards integration is when the company controls where it collects it's materials. Forward integration is the distribution of the product and advertising. In general the company controls it's resources, production, and distribution.

Horizontal Integration Horizontal integration is when two or more companies that are in the same stage integrate together so that they can grow and produce more of a product. For example, a big business, absorbs smaller companies to increase their products and increase how much they make. This Type of integration, has made many companies larger. For example, a company like General Motors, has many motor companies underneath it. And they have become one of the largest car companies in America.

Mass Production/Bulk Buying