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to answer that question business owned every thing that they needed and they expanded their factories they didn't have any competition

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Q: What encouraged an atmosphere of big business allowing people to form giant corporations and monopolies?
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How do foreign corporations benefit by Maquiladoras?

Maquiladoras benefit foreign corporations by allowing them to hire low cost labor and produce duty free reports. It entitles the company first rather than the workers.


What were monopolies and trusts?

Monopolies and trusts were big businesses that had gained control over all other competition, therefore allowing themselves to regulate prices (usually causing widespread debt on people who were reliant on their services). An example of this is the railroad companies during the industrial revolution who could charge ludicrously per freight car of goods shipped to the farmers who were unable to get their goods out otherwise. These monopolies, or trusts, are now prevented by the government to keep them from hurting others as they did in the past.


Disadvantages of laissez-faire?

The popular answer taught is this:By having limited government interference corporations would become too large to compete with allowing competitors to have total control over supply and demand through production as well as price controls.This is a shallow analysis that leads to an incorrect conclusion.When one talks about laissez-faire, they often refer to the Gilded Age. This is first mistake they make. The Guilded Age was in fact not laissez-faire! There was much active government help to companies. The government in fact helped to create many of the monopolies that we associate with the period. Refer to the link below for a more thorough answer.


What was the relationship between government and business in the late 1800?

In the latter half of the 1800s, businesses were doing pretty much what they wanted, including building monopolies, paying low wages, and allowing terrible working conditions. Government did little to stop it for a long time. Around 1890, the Progressives in government decided to put a stop to a lot of the abuse. The government started to regulate several business practices including making monopolies illegal. Businesses were not happy and have been fighting government regulations in one form or another ever since.


What is the theory of Laissez-faire capitalism?

In economics, laissez-faire means allowing industry to be free of state intervention, especially restrictions in the form of tariffs and government monopolies. The phrase is French and literally means "let do," though it broadly implies "let it be" or "leave it alone." Bad working conditions or 1. non-involvement of the government in the economy

Related questions

What is meant by the term trustbusting in the Progressive Era?

It meant enforcing laws which would prohibit monopolies. People in those days recognized that allowing corporations to become too large would be bad for the economy, the well-being of the general public, and the democratic process.


Allowing a child to climb in and out of a shopping cart should be encouraged as this increases coordination?

false


During the period 1865-1900 government contributed to the growth of corporations mainly by?

allowing them to develop with few restrictions


How do foreign corporations benefit by Maquiladoras?

Maquiladoras benefit foreign corporations by allowing them to hire low cost labor and produce duty free reports. It entitles the company first rather than the workers.


How did the Elkins Act hurt corporations?

It would not allow them specials rates for shipping


How and why did mars lose its atmosphere?

Mars had a molten core that eventually cooled. Causing it to loose its magnetic field allowing solar winds and radiation to "wipe out" its atmosphere.


What were monopolies and trusts?

Monopolies and trusts were big businesses that had gained control over all other competition, therefore allowing themselves to regulate prices (usually causing widespread debt on people who were reliant on their services). An example of this is the railroad companies during the industrial revolution who could charge ludicrously per freight car of goods shipped to the farmers who were unable to get their goods out otherwise. These monopolies, or trusts, are now prevented by the government to keep them from hurting others as they did in the past.


What damage do chlorofluorocarbons do to your atmosphere?

They cause the breakdown of ozone, thus allowing more ultra-violet light reach the surface.


What did the dutch do to attract more settlers to their colony?

they allowed members of all religions to settle in their colony


Is it cold in the night if there wasn't an atmosphere?

Probably not because it is hot in space near the sun and also it is hotter on earth now than before because people pollute the atmosphere. When this happens, gases create a layer in the atmosphere allowing suns rays to come in, but not get out.


Why did most conquered remain loyal to rome?

Rome established good government, allowing local administrations, encouraged prosperity and provided security. These things were valued by the local inhabitants.


Why did most conquered lands remain to Rome?

Rome established good government, allowing local administrations, encouraged prosperity and provided security. These things were valued by the local inhabitants.