12
AssignmentMultiple Select

Trusts and Big Business

Question 12 • FL-2100310-United States History Sem 1

Why did Americans dislike monopolies? Check all of the boxes that apply.

Answer
A
Monopolies led to increased competition in business.
B
Monopolies resulted in higher prices for consumers.
C
Monopolies controlled workers’ wages and salaries.

Explanation

Americans disliked monopolies because they could limit competition and use their market power to charge consumers higher prices. They could also control workers’ wages and salaries. Choice A is not a reason: monopolies reduce competition rather than increase it.

AI-written and checked against the verified answer.

Previous
Next