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Two Italian cities that once monopolized trade with the far east?
Venice was one of the two Italian cities that monopolized trade with the far east.
Which company was a monopoly during the Gilded Age?
The oil, and steel companies, were majorly monopolized during the gilded age, and n doing so created the sherman antitrust act.
When an industry was monopolized by one company or trust during the Gilded Age what happened to workers wages?
During the Gilded Age, when an industry was monopolized by one company or trust, workers' wages often stagnated or decreased due to the lack of competition. Employers had less incentive to offer higher wages since workers had fewer job alternatives. Additionally, monopolistic practices sometimes led to harsh working conditions, further diminishing workers' bargaining power and overall compensation. As a result, income inequality widened, and many laborers struggled to make ends meet.
What type of government did the Mycenaean have?
The system of government was by kings, who also monopolized priestly functions.
How many companies did Standard Oil monopolize?
Standard Oil, founded by John D. Rockefeller in 1870, effectively monopolized over 90% of the U.S. oil refining industry at its peak. The company controlled numerous subsidiaries and affiliated companies, which included major entities like the Ohio Oil Company, the National Transit Company, and the Atlantic Refining Company. Ultimately, Standard Oil's practices led to its dissolution in 1911 by the U.S. Supreme Court, which deemed it a violation of antitrust laws. The breakup resulted in the formation of 34 independent companies.
What happens when a compamy is momopolized?
The correct term and spelling is monopolized instead of monopolized. When a company is monopolized it is taken over and becomes part of a monopoly. Monopolies are bad for economy because they are able to set any price they want and raise prices.
When an industry was monopolized by one company or trust during the Gilded Age what happened to workers and rsquo wages?
i dont know
What country monopolized the slave trade until 1600?
Portugal essentially monopolized the slave trade until 1600.
Two Italian cities that once monopolized trade with the far east?
Venice was one of the two Italian cities that monopolized trade with the far east.
Which Renaissance leader monopolized trade?
vaginaaa.
What positive thing did Andrew Carnegie do for his steel company?
He monopolized it. Which meens he made it so others coulden't make the same industry like him or produce the same in that town...i believe.
What were the 2 major resources India had for the british?
The British East India Company, which monopolized trade in India, traded mainly in cotton, silk, indigo dye, saltpetre, tea, and opium
Who monopolized the oil refining industry?
John D. Rockefeller
What was Mycenaean's government?
Kings who also monopolized priestly functions.
Can natural resources be monopolized?
They can but that would mean the natural resource only occurs in one particular area. Then one company/group could monopolize the use of it by buying the all of the land it occurs on.
What kind of government did the mycenaeans have?
The system of government was by kings, who also monopolized priestly functions.
What did john d Rockefeller do to monopolized the oil refining business?
creating a trust
