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supporting new businesses

anti trust legislation

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12y ago

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Did Karl Marx say that the government should encourage competition between businesses?

It was Adam Smith, not Karl Marx, who said that government should encourage competition between business. In a (theoretical) communist society there is no competition because everyone works solely for the common good.


Describe how antitrust laws encourage competition?

The government can break up monopolies and block potential mergers which may reduce competition.


Can you rely on friendship during a competition?

Yes you can rely on friendship during competition. Friends are there to encourage you, and at this time they should encourage you to bring out the best in you.


What does capitalism encourage?

Competition Innovation in Production


What kind of trade policy should business be pressuring government to adopt?

Business should be pressuring government to encourage fair trade and competition. This should ensure that businesses have a level playing field when investing.


Did corporations form trusts to encourage competition?

false


The first major federal legislation passed to encourage competition in the US was the?

Sherman Antitrust Act was the first major federal legislation passed to encourage competition in the United States.


How does the Government encourage an increased level of productivity by doing what?

How does the government encourage an increased level of productivity


How did 19th century industrialists encourage competition?

One major way through which 19-th century industrialists encouraged competition was by privatizing government utility companies such as railway companies. Also, many countries started to allow foreign investors into their borders to compete with locals.


Why did the US government encourage missionary activity in China?

The government hoped the missionaries would encourage the Chinese to trade with the US


What do business leaders tend to do in Korea?

encourage competition among subordinates


In Korea Business leaders tend to?

Encourage competition between subordinates