Answer:
as manufacturing became more specialized, corporations divested themselves of divisions that they could not adequately control, with the result that the corporate consolidations of the 1890s and 1900s were largely reversed.
Explanation:
Base on the scenario been described in the question, the statement that accurately characterize the management of American corporations in the 1920s is as manufacturing became more specialized, corporations divested themselves of divisions that they could not adequately control, with the result that the corporate consolidations of the 1890s and 1900s were largely reversed.