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The purpose was to get rid of big businesses. It was to prevent big companies that attempted to control an entire industry.
Alyce Corkery
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How do trusts eliminate the competition?
Trusts cut prices to drive competitors out of business.
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.
What concerns did critics of big businesses have regarding trusts?
The concerns critics have on big business regarding trusts is that to earn more money trusts often tried to get rid of competition and to control production. The wealth and size of trusts such as standard oil made many Americans fear the influence of business leaders over government.
How did Rossevelt justify the need for government regulation of the trusts?
Your mom is how he did it
What is called a loose association of business that make the same product?
It's a cartel. Cartels were usually formed in secret. and were basically a way to form trusts legally. (For trusts were illegal.)
What was the real purpose of teddy Roosevelt's assault on trusts?
Why don't you answer it you fool!
What was the purpose of corporate shareholders trusts that were created in the US in the late 1800s?
to improve working conditions
What was the purpose of corporate shareholder That Were trusts in the US created in the late 1800s?
to improve working conditions
What was the purpose of corporate shareholder trusts that were created in the US in late 1800?
to improve working conditions
During the 19th century there was a major purpose of pools trusts and cartels?
Reduce competition between businesses
How can the history of trusts be traced?
can be traced to feudal concepts of property and have become a part of American law through the common law of England. From this early point in time, trusts served the purpose of preserving property so that the beneficiary could benefit
What did most progressives want to break up and regulate large companies?
trusts~apex
Most progressives want to break up what and regulate large companies?
trusts~apex
When was The Killam Trusts created?
The Killam Trusts was created in 1965.
When was The Wildlife Trusts created?
The Wildlife Trusts was created in 1912.
What was Eugene debs attitude towards trusts?
he viewed the trusts and corporations as enemies of working class. He fiercely opposed the trusts.
What has the author Henry William Macrosty written?
Henry William Macrosty has written: 'Die englische Fabrikgesetzgebung in den Jahren 1878-1901' -- subject(s): Industrial organization 'State control of trusts' -- subject(s): Industrial policy, Trusts, Industrial, Industrial Trusts 'The trust movement in British industry' -- subject(s): Industrial Trusts, Industries, Trusts, Industrial, Commerce and industries 'Trusts and the state' -- subject(s): Competition, Industrial Trusts, Trusts, Industrial
