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What is the difference between a trust and a monopoly?

A monopoly is a company that owns all parts of a business and a trust is different companies that meet to reduce competition and form prices within the same range.


What are the ways a company can be socially responsible?

A company can be socially responsible by implementing sustainable business practices, such as reducing waste and minimizing carbon footprints. Supporting local communities through charitable initiatives, volunteering, and fair labor practices also enhances social responsibility. Additionally, promoting diversity and inclusion within the workforce fosters a positive impact on society. Lastly, transparent communication with stakeholders about business practices and ethical standards is crucial for building trust and accountability.


What does a company's stock price say about that company?

A company's stock price can show the following:The confidence and trust investors have on this companyThe profit making history of the companyThe probabilities of reaping capital appreciation on this stocketcRoughly: The higher a stocks price in the market when compared to its face value, the greater investors confidence in it.


Monopolies and the reduction of competition?

Teddy Roosevelt Progressives President Taft Trust-Busting Shermans Anti-Trust act- 1890/filled with loopholes Woodrow Wilson Clayton Anti Trust act- Strong act If a company is in unreasonable restriction of trade it is considered to be in violation of the Anti Trust Laws. Standard oil is a good example, it was split into at least 10 companies, such as Shell and many other gas companies you see today.


What laws were passed because of Ida Tarbell?

The Sherman Anti-Trust actBecause it was designed to prevent the formation and operation of monopolies, the ShermanAnti-Trust Act of 1890 is the legislation that was most closely related to the work of Ida Tarbell. The History of the Standard Oil Company was credited with contributing to the breakup of Standard Oil, which came about when the Supreme Court of the United States found the company to be violating the Sherman Antitrust Act.