USA HISTORY

Detailed explanation-1: -Horizontal Integration helps to acquire control over the market, but Vertical Integration is a strategy used for gaining control over the whole industry.

Detailed explanation-2: -Traditional monopolies are achieved through horizontal integration, when one firm merges with its direct competitor, creating a larger firm that controls a greater portion of the market. Vertical integration describes a circumstance when a single firm seeks to control more than one stage in the supply chain.

Detailed explanation-3: -Horizontal integration’s control over one process during production means that a company has established a dominance in the manufacturing, selling and distribution, or even the production of raw materials. If a company owns every bit of a production process then it is known as a horizontal monopoly.

Detailed explanation-4: -Horizontal integration is an expansion strategy adopted by a company that involves the acquisition of another company in the same business line. Vertical integration refers to an expansion strategy where one company takes control over one or more stages in the production or distribution of a product.

Detailed explanation-5: -There is only one type of horizontal integration unless you wish to count true monopoly and still competitive as separate. Vertical integration allows for control of the supply chain. Horizontal integration allows for control of the market and customer base.