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Why were many people opposed to the creation of monopolies and trusts?
Trusts put smaller competitors out of business using unfair tactics. Trusts could unfairly raise prices since they had no competition. Trusts had too much influence on government officials.
Why was the Sherman Anti-Trust passed?
In the United States, in the late 1800's, there were many monopolies. A monopoly is a business in an industry that other companies can't compete with. The problem with that is that the monopoly can charge whatever price they want for what they make, and when there is no competition there is no need to improve. Competition is what improves the world, just think about it. At that time there was also Trusts. Trusts are a group of monopolies lead by one board of directors. This is terrible for many businesses. The Sherman Antitrust Act banned trusts and monopolies. It was a very important Act.
How did monopolies and trusts affect industry and banking in the late 1800s?
Many things were being invented in the 1800's. Because of this, the inventors were the only ones that sold these items. This created a monopoly because they could charge what they wanted and people had to pay it if they wanted it.
How many person play monopoly game?
Up to 8 people.
How many people trust Germany?
To be frank, everyone trusts Germany apart from Jews but people don't like to admit this.
Who opposed the Bolshevik regime?
many people.
Why did many people in the late 1800s and early 1900s want the government to break up trusts?
hey
How many primary care trusts in UK?
There are 151 PCTs of which 6 are care trusts
Kinds of monopoly?
There are many different types of Monopoly. I can name a few. : Monopoly Monopoly Spongebob Squarepants Edition Monopoly Disney Pixar Edition Monopoly Junior
How many types of monopoly have been made?
How many types of monopoly has there been.
What are the names of the scientists opposed by people?
Galileo and many more
How many people have played monopoly so far approximately?
Over a billion people since 1935 have played, according to Hasbro.
