trusts~apex
trusts~apex
trusts~apex
They objected to the high prices charged by large utility companies.. apex
concentration ended up giving the large companies too much power.
they objected to the high prices charged by large utility companies
trusts
Most progressives aimed to break up the monopolies and large corporations that dominated the economy in the late 19th and early 20th centuries. They believed these entities stifled competition, harmed consumers, and contributed to widespread economic inequality. Progressives advocated for regulatory reforms and antitrust laws to promote fair business practices and ensure that no single entity could wield excessive power over the market or political system.
Utility companies ie. Gas, Water, Electricity. A few large companies which dominate the market. Small businesses cannot break into market due to high barriers of entry.
Most progressives wanted to break up large corporations and monopolies, particularly in industries such as finance, telecommunications, and energy. They believed that these powerful entities stifled competition, exploited workers, and undermined democracy. Progressives aimed to promote economic equality and ensure fair opportunities for small businesses and consumers. This movement was a response to the growing influence of corporate power in politics and society during the late 19th and early 20th centuries.
Large companies enjoy economies of scale, but they also become much more complicated and difficult to manage (and executives may demand enormous salaries and bonuses). There are too many variables, considering that we haven't narrowed it down to any particular kind of business, to do a break-even analysis.
because he mae many large efforts to improve political problems in the 1900's
Large mining companies succeeded by using machines to dig deeply for gold.