Question

How did the development of the trust change the way businesses operated?

O
A. Managers were prevented from taking advantage of workers within their companies.
B. Companies were held to higher standards and prevented from acting illegally.
O
C. A small group of people could now own and operate multiple companies in an industry.
D. Business owners found that it was in their best interest to improve their products and services.

Answer 1

The correct answer is option:

C. A small group of people could now own and operate multiple companies in an industry.

Step-by-step explanation:

The creation of the trust changed the way businesses operate in that "A small group of people could now own and operate multiple companies in an industry".

During the Gilded Age, trusts created monopolies. Wealthy people began buying their rivals until they owned vertically and horizontally practically the entire process. That was the case with John D. Rockefeller's Standard Oil Company or Andrew Carnegie's Steel Company.