0
Monopolies would harm the U.S Economy because it would close out the window for competition, and free market.
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
One effect of monopolies on the US economy is that they have tended to?
reduce business competition
Why does the us have a modified free enterprise economy?
To prevent "evil monopolies" and to protect the rights of workers. Also to fulfill the needs of public goods and to promote and to encourage competition for the benefit of society.
Could China be a threat to the US economy?
There isn't much of a question of "could it be". It is.
Was the Sherman Antitrust Act successful?
Not initially. The 1890 act was not used effectively until the administration of President Theodore Roosevelt, from 1901 to 1909. Roosevelt had studied the actions of US industrialists and became known as the "trust-buster" for his efforts to prevent monopolies from controlling entire areas of the US economy.
How Is the US Economy Doing?
right now 2009 the us economy is in a recession, but could in a depression later on in the future if we are in a recession for too long.
Could nazi Germany compete with the US in economy and military might?
No they couldn't, because the US had larger population, more resources, and bigger economy.
Some names of monopolies in the US?
NFL, Facebook, Netfix, and Microsoft
Does it harm us or help us marijuana?
Smoking it hurts our lungs, growing it boosts our economy. It's very complicated, but I can assure you that I'd rather smoke weed than cigarettes.
What should the US of done to help the holocaust?
There were no 'shoulds'. The US had a duty to it's citizens, not to those in a far off country. The US was facing increased tensions with Japan who had killed millions of civilians, it was still recovering from 'the great depression'. It is true that the US could have accepted Jews trying to flee from the Nazis, but it was afraid that they would harm the economy.
How could Asia improve there economy in compare to the US?
by travling across the globe
How did robber barons create monopolies in the US in the 1800s?
By improving working conditions
What are monopolies and anti competitive legislation in the United Kingdom?
There are a myriad of monopolies in the UK. the leading monopoly is headed by free masons; the same as in the US. so what can we do about it? nothing much!!!
