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Q: How did Rockefeller use trusts to increase his economic power?
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Why did companies form trusts?

Companies formed trusts in order to consolidate control over a particular industry or market, allowing them to eliminate competition and increase profits. By combining multiple companies under one trust, they could set prices, control production, and dominate the market. Trusts were a way for companies to work together to achieve greater power and influence.


What benefit were colonies supposed to have for the nations who had them?

there were many benefits the colonies were supposed to have. They were supposed to increase the nation's economic power


What benefit were colonies supposed to have the nations who had them?

there were many benefits the colonies were supposed to have. They were supposed to increase the nation's economic power


Which helped Japan rise to become an economic power after World War 2?

An increase in manufacturing.


What has the author Peter Tropper written?

Peter Tropper has written: 'Pen$ion power for economic development' -- subject(s): Pension trusts, Investments 'Enterprise zones' -- subject(s): Enterprise zones, Urban policy


Why is economic power more important than military power?

economic power is more important because without an economic power we would have a military power.


What was Roosevelts position on trusts?

Teddy's position on trust was that he believed that not all trust were bad, but he did sought to curb the ones that were harmful to the public interest.


What are the release dates for Money Power and Respect The Series - 2010 The Last Rockefeller 1-4?

Money Power and Respect The Series - 2010 The Last Rockefeller 1-4 was released on: USA: 7 July 2010


How did monopolies and trusts influence the government?

The monopolies and trusts caused corruption in the government by supporting pro-business representatives in the Senate and House of Representatives. Also, because these vast corporations had so much power in the economy America, they threatened the government into behaving to their desire by reminding it that they could destroy the economy very easily. So basically, the government was a puppet to the seemingly more powerful business woners like John Rockefeller and J. P. Morgan.


Is it true that political and economic power shifted during the classical period from the middle class to the aristocracy and the church?

No. The increase in the power of the Church happened in the Roman Empire at a time when the economic and political power was mostly in the hands of the military. In the Middle Ages, the aristocracy gained military power, and the rise of the middle class only happened during the Middle Ages after that.


Was economic power important in medieval times?

Economic power is and was important in every period of history


How did the role of the federal government change under President Theodore Roosevelt in regard to trust?

He didn't like them, and if a corporate entity had a virtual monopoly and were jacking up rates just because they could, and thus treating people badly, he felt that it was his mission to stop them.