Question

What was the purpose of corporate shareholder trusts that were created in the United States in the late 1800s

Answer 1

The main purpose of corporate shareholder trusts that were created in the United States in the late 1800s was to limit competition.

Answer 2

To limit competition

Step-by-step explanation:

Shareholder trusts were an arrangement for administering a company by giving stockholders shares so they can have voting power to guide de decision-making of the company. This means that during that period major producers would control production and prices of the market because they were huge industries, this way they limited competition and killed small businesses.