asked 78.6k views
3 votes
Which was one way businesspeople tried to eliminate competition

A. They formed monopolies or trusts.
B. They decreased the price of their products.
C. They developed overseas markets.
D. They paid higher wages to their workers.

asked
User Narktor
by
7.6k points

1 Answer

3 votes

Answer:

A. They formed monopolies or trusts.

Step-by-step explanation:

Business leaders in the 1800s tried to eliminate competition by forming pools, trusts, monopolies, and through vertical and horizontal integration. Many companies organized pools to keep prices at a certain level, that is, they tried to keep prices from falling.

answered
User Vasil Popov
by
8.4k points
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