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omgitsjazzy Group Title

Why did business owners in the late 19th century attempt to establish trusts?

  • one year ago
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  1. omgitsjazzy Group Title
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    a. to make it hard for workers to form unions b. to hide contributions to political candidates c. to control markets to maximize profits d. to avoid government regulation of industries

    • one year ago
  2. Captain_Page_Turner Group Title
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    I'm going with (C) to control markets to maximize profits. Trusts were essentially monopolies in which huge corporate empires swept aside anyone smaller than themselves in business. The other choices were also practiced by a number of large companies (like those in a trust) to varying degrees, but (C) had also opened the door to a lot of those abuses.

    • one year ago
  3. omgitsjazzy Group Title
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    You got it (:

    • one year ago
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