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What is it called when a large group of businesses bands together to control a single industry?
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What is it called when sediments are forced together?
It is called compaction.
Why iron and coal called basic minerals?
iron and steel industry is a basic industry becauseit provides raw material for numerous other industries.
What are the organs called that are responsible to do the work and to function together?
The organs that are responsible to do the work or to function together are called an organ system.
A group of people living together is called a?
A group of similar individuals living together in an area is called population.
When sediments are squeezed together due to pressure what is that called?
The squeezing together of rocks by stress is called compression.
A person who owns most or all of the businesses within a industry is called?
magnate
A person who owns most or all of the businesses within an industry is called a .?
Magnate
An organization founded by businesses in a specific industry for the purpose of collaborating within the industry and advocating for their workers is called a?
trade association
When business gains complete control of an industry it is called?
When business gains complete control of an industry it is called a monopoly. In the United States, monopolies are illegal by statute.
When government takes control of industry it is called?
nationalization
Gaining almost total control of an industry called?
Monopoly.
What is it called when a business has complete control over an industry?
Monopoly
When businesses join together to pool their resources they form an organization called a?
It's called a merger.
An organization founded by businesses in a specific industry for the purpose of collaboration between companies is called a?
trade association
A loose arrangement of similar businesses formed to control production and keep prices high is called a?
A system of commerce where several companies work together to control prices and limit competition is called a conglomerate. It is also called a monopoly if the same company owns each one of the competing companies.
What is it called when a single company is strong to control an entire industry?
A monopoly
An organization founded by businesses in a specific industry for the purpose of collaboration between companies is called a(n)?
trade association
