Question

How did monopolies and trusts affect industry and banking in the late 1800s?

Question 3 options:

A. They introduced new business practices that created large industries and produced great wealth for a few.

B. They set the standard for the development of many large industries and a nationwide banking network.

C. They reduced the effectiveness of banking practices, but helped the growth of industries.

D. They produced great wealth that benefited workers.

Answer 1

They introduced new business practices that created large industries and produced great wealth for a few.

Step-by-step explanation:

Answer 2

Good Morning!

It is correct to say that the practices of the great industrialists of the nineteenth century had to the detriment of small companies and the population, but it was effective for the financial gain of the big businessmen, since the monopoly has this characteristic.


A. They introduced new business practices that created large industries and produced great wealth for a few.

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