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During the late 1800s, monopolies and trusts were used by big business in an effort to

2 Answers

4 votes

Answer:

During the late 1800s, monopolies and trusts were used by big business in an effort to gain control of markets and limit competition.

Step-by-step explanation:

answered
User PMBjornerud
by
8.3k points
5 votes

Answer:

Eliminate competition

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 Myusuf
by
8.5k points
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