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it lowered the cost of products
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∙ 13y ago
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How did trusts like Standard Oil become large?
Eliminating competition.
Is the marginal benefit of a glass of water large or small?
water is necessary for life, is the marginal benefit of water is large or small?
How does the goal of stock price maximization benefit the society at large?
The society benefit throughconsumer benefitemployee benefit
Why do consumers decide to buy from Amazon.com?
It is known for having a large range, low prices and is convenient.
What large trusts like standard oil and swift and armour justified their economic domination of their industries by claming that?
B) only large-scale methods of production and distribution could provide superior products at low prices. :)
What did most progressives want to break up and regulate large companies?
trusts~apex
Most progressives want to break up what and regulate large companies?
trusts~apex
How did industrial giants (trusts) gain political influence?
Just like the corporations of today they gave large donations to politicians and made sure that they had laws and taxes passes to benefit them.
What did Woodrow Wilson campaign for in 1912?
the break-up of large trusts
With the rise of large corporation and trusts workers sought to?
Organize unions
How do community land trusts benefit a community?
Community land trusts are set up as non-profit organizations for the purpose of owning and preserving land through stewardship. Each organization decides on its mission and then begins to acquire title to any land that it can afford to purchase, mostly undeveloped land such as farms, wetlands, wildlife habitats, coastlines, land along waterways, etc. The land can then be used for passive public recreation. Land trusts benefit the community by conserving and protecting large green areas from development and provide the public with access to nature.
What did most progessives want to brek up and regulate large companies?
trusts
What did progressives wanted to break up and regulate large companies?
trusts~apex
Trusts like standard oil became large mostly by?
Eliminating business
How did trusts like Standard Oil become large?
Eliminating competition.
As a presidential candiate in 1912 Woodrow Wilson campaigned for the break up of large trusts?
true!
What are major crude oil and natural gas companies?
The majors are large, vertically integrated companies that explore, produce, refine, and sell oil and gas to end consumers. These companies benefit most from the economies of scale.
