QUESTION IMAGE
Question
which of the following individuals invented the shoe machine?
elijah mccoy
samuel morse
jan e. matzeliger
lewis howard latimer
question 4
5 pts
(02.02 mc)
by purchasing the majority of stock in a series of related companies, standard oil controlled the industry by creating a
trust
pool
corporation
holding company
Brief Explanations
- Jan E. Matzeliger invented the shoe lasting machine in 1883, which automated the process of joining the sole of the shoe to the upper part, revolutionizing the footwear industry.
- A holding company is a firm that buys and holds the majority of stock in other companies to control them. Standard Oil utilized this corporate structure to consolidate and control its vast network of related businesses.
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- Jan E. Matzeliger
- holding company