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omgitsjazzy

  • 2 years ago

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

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  1. omgitsjazzy
    • 2 years ago
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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

  2. Captain_Page_Turner
    • 2 years ago
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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.

  3. omgitsjazzy
    • 2 years ago
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    You got it (:

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